Global Oil Prices Surge as Iran Blocks Strait of Hormuz Amid U.S. Conflict

Global Oil Prices Surge as Iran Blocks Strait of Hormuz Amid U.S. Conflict

Global energy markets were thrown into a state of intense volatility on Monday as oil prices surged in response to a dramatic military escalation between the United States and Iran. Traders are pricing in a significant “war premium” following Operation Epic Fury, a series of coordinated U.S. and Israeli military strikes that have left the … Read more