Oil Prices Extend Gains on Escalating Middle East Hostilities

Summary Iran’s Guards say two oil tankers immobilised in Strait of Hormuz Shipping recovery has effectively stalled, analysts say Brent and WTI benchmarks hit more than one-month high (Reuters) – Oil prices rose on Monday to their ​highest in more than a month, with Brent crude climbing above $90 a barrel as escalating hostilities between … Read more