Oil and Gas Jump After US Seizure of Iranian Ship Imperils Talks

Oil and natural gas prices have soared after the US Navy seized an Iranian-flagged cargo ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in...

By Bloomberg Markets · Bloomberg Markets

Oil and natural gas prices have soared after the US Navy seized an Iranian-flagged cargo ship during a chaotic weekend that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz. Bloomberg's Laura Davison and Stephen Stapczynski report on the latest. (Source: Bloomberg)