WS #13850
Oil prices surge as US-Iran deal hopes fade; Brent tops $90, WTI $84, with Hormuz traffic at 6-8 vessels and US stockpiles at multi-decade lows, sustaining bullish energy and bearish airlines.
US-Iran/Hormuz escalation and oil surge
Oil prices surge as US-Iran deal hopes fade; Brent tops $90, WTI $84, with Hormuz traffic at 6-8 vessels and US stockpiles at multi-decade lows, sustaining bullish energy and bearish airlines.