Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait...

By Charlie Zhu, Sarah Chen, Charles Gorrivan · Bloomberg Markets

Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait of Hormuz.