Hostility in the Strait of Ormuz: Oil Leaps by More than 3% and Is "Low", According to an Expert
17 Articles
17 Articles
Future interest starts this Monday's high prize, recomposing part of the newly withdrawn prizes from the term curve in front of the escalation of tensions between Iran and the United States, which again exchanged attacks in the Middle East, which caused the closure of the Strait of Ormuz. With this, oil prices rise, which affects the prospects for market inflation and suggests a more restrictive monetary policy by the Central Bank. In this sense…
Quietness in the markets, despite the fact that oil shoots at 3% today, but it is not even enough for next Christmas prices to be expected to be higher than...
(Seoul = Yonhap News) Reporter Kang Tae-woo = As tensions between the U.S. and Iran escalate again and uncertainty surrounding the Strait of Hormuz grows, the domestic oil refining industry is also [concerned] about crude oil supply and demand...
Oil prices rose by more than 3 per cent, an increase that is still limited, according to one expert.
The Brent jump over $79 shows more than a price shock: it exposes the dangerous dependence on a fragile maritime corridor.
Read the full article on stephaneLarue.com Oil prices have risen and Asian markets have declined on Monday, in a context of strong tensions between the United States and Iran.
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