Oil rises as attacks renew safety fears in the Strait of Hormuz
- Oil prices jumped Tuesday to their highest level since late last week after reports that two tankers transiting the Strait of Hormuz had been hit by unknown projectiles.
- crude oil rose more than 3% to above $70 per barrel for the first time since July 1.
Unverified
- Oil prices jumped Tuesday to their highest level since late last week after reports that two tankers transiting the Strait of Hormuz had been hit by unknown projectiles.
- crude oil rose more than 3% to above $70 per barrel for the first time since July 1.
Sources: NBC News