Oil prices rise as attacks dent hopes for Strait of Hormuz reopening
- Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.
- Oil prices have jumped as attacks on shipping in the Middle East cast doubt on prospects for a breakthrough in negotiations to reopen the Strait of Hormuz.
- Brent crude rose more than 2 percent overnight into Wednesday, taking the international benchmark to close to $90 a barrel.
Unverified
- Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.
- Oil prices have jumped as attacks on shipping in the Middle East cast doubt on prospects for a breakthrough in negotiations to reopen the Strait of Hormuz.
- Brent crude rose more than 2 percent overnight into Wednesday, taking the international benchmark to close to $90 a barrel.
Sources: Al Jazeera