Oil Rises as Strait of Hormuz Remains Blocked
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire between...
By Bloomberg Markets · Bloomberg Markets
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire between the US and Iran. Bloomberg’s Anthony di Paola reports. (Source: Bloomberg)