Oil prices rise amid uncertainty over Strait of Hormuz exports, with supply concerns and geopolitical tensions impacting global crude markets. Read more at straitstimes.com.
Crude oil futures prices on the New York Mercantile Exchange rose for the third consecutive trading day on the 18th, with the benchmark West Texas Intermediate (WTI) September delivery closing at $84.94 per barrel, up $0.44 from the previous day.