Oil Prices Surge After U.S. and Iran Clash Over Strait of Hormuz Incident
Oil Markets React to Escalating Tensions Between United States and Iran Brent crude and U.S. West Texas Intermediate (WTI) futures both posted significant gains on Tuesday following a series of military actions that heightened geopolitical risk in the Middle East. The United States launched airstrikes against Iranian military installations after Tehran was accused of firing…

