Oil climbs past $90 as Middle East conflict keeps Strait of Hormuz shut

On Tuesday, oil prices saw a significant uptick, driven by escalating tensions between the US and Iran and looming risks to supply chains. Brent crude hit $91.04, while WTI crude climbed to $86.55 per barrel. The Strait of Hormuz is a focal point of …

Source: Times of India — Read full article →

Content sourced from third parties. Copyright belongs to original publishers.