Oil prices surge as US-Iran strikes intensify in Strait of Hormuz
Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.
3 articles from Al Jazeera, CNBC, CBS News.
Oil prices spike to six-week highs as US-Iran strikes disrupt traffic in the crucial Strait of Hormuz.
Renewed attacks between the adversaries in the Iran war pushed oil prices up on Monday.
A top Iranian official says Tehran will impose an "exclusion zone" outside the Strait of Hormuz as it seeks to tighten its chokehold on tanker traffic.