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Oil climbs near $94: could Hormuz and Red Sea risks send Brent through $100 soon?

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Oil prices steadied near four-week highs on Friday and were headed for a second weekly advance as the unresolved US-Iran conflict kept Middle East supply risks elevated. Brent crude was around $93.5 a barrel in early Asian trade after touch…

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Oil climbs near $94: could Hormuz and Red Sea risks send Brent through $100 soon?
Invezz 1h ago

Oil climbs near $94: could Hormuz and Red Sea risks send Brent through $100 soon?

Oil prices steadied near four-week highs on Friday and were headed for a second weekly advance as the unresolved US-Iran conflict kept Middle East supply risks elevated. Brent crude was around $93.5 a barrel in early Asian trade after touch…