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Oil extended gains after the US struck multiple Iranian tankers near the vital crude-export hub of Kharg Island, escalating hostilities and stoking fears of deeper disruptions through the Strait of Hormuz.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
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World oil prices climbed on Tuesday, once more closing in on US$100 a barrel, and stock markets mostly retreated owing to a flare-up in the Middle East war.
When Tehran first throttled maritime trade through the Strait of Hormuz in early March, oil market analysts counted the limited number of days until the release of Western strategic reserves would…
The three major averages posted losses in Tuesday's regular trading.
Silver price struggles to clear a key technical resistance near $67.00, retraces to two-day lows at $65.31, and records a 1.42% loss.
This insider's stake more than tripled through an open-market acquisition, signaling confidence in the industrial services company's outlook.
