WASHINGTON, United States — Crude oil prices climbed to a two-week high above $91 a barrel as tensions in West Asia intensified and U.S. President Donald Trump issued a threat involving Oman, raising concerns about the potential impact of the conflict on energy markets.
टैग: Energy Markets
Oil Prices Rise as Hormuz Reopening Hopes Face New Uncertainty
PERTH, Australia — Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to keep traders cautious, with Iran saying discussions with Oman on new shipping lanes were in their final stages but stressing that additional conditions involving the United States still needed to be met.