FlashFeed
๐Ÿ“ˆ
Oil prices rise as Tehran threatens to restrict shipping through the Strait of Hormuz
๐Ÿ“ˆ Business

Oil prices rise as Tehran threatens to restrict shipping through the Strait of Hormuz

Oil prices rose on Friday 7 August after reports that Iran is considering restricting shipping through the Strait of Hormuz and imposing fees on passing vessels. Analysts say tensions between the United States and Iran remain far from resolved. The Strait of Hormuz is one of the world's most critical oil transit routes.

Comments

No comments yet