New Houthi Threat Makes Future Of Oil Prices Look Even Uglier

WIRE — Oil prices are surging again amid renewed fighting between the U.S. and Iran that has again halted tanker traffic via the Strait of Hormuz. The U.S. domestic West Texas Intermediate price index hovered near the $85/bbl mark early Tuesday, representing a rise of more than 25% since the ceasefire MOU between the two countries collapsed... This article New Houthi Threat Makes Future Of Oil Prices Look Even Uglier was originally created by Converseer.

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