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Oil hits late-July high as fresh Hormuz strike jolts supply fears

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Oil prices extended their advance on Tuesday as fading hopes for a US-Iran settlement and another shipping incident in the Strait of Hormuz put global supply risks back at the centre of the market. Brent crude climbed above $91 a barrel, it…

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Oil hits late-July high as fresh Hormuz strike jolts supply fears
Invezz 2h ago

Oil hits late-July high as fresh Hormuz strike jolts supply fears

Oil prices extended their advance on Tuesday as fading hopes for a US-Iran settlement and another shipping incident in the Strait of Hormuz put global supply risks back at the centre of the market. Brent crude climbed above $91 a barrel, it…