Oil prices surge as US, Iran trade strikes over Strait of Hormuz
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The latest fighting has pushed oil prices up by as much as 4 percent, with brent crude rising above $79 a barrel. Cornelia Meyer is a specialist on oil and gas markets, and also CEO at Meyer Resources. She says until there is consistent two-way traffic in the Strait of Hormuz, concerns will remain over supply. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://X.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile #Iran #IranWar #US #USIranCeasefire #USIranDeal #USIranMoU #USIranMemorandumOfUnderstanding #USIsraelWarOnIran #StraitOfHormuz #USIranEscalation #USStrikesIran #BrentCrude #OilPrices #EnergyCrisis #LNG #AlJazeeraEnglish
Tags: Al Jazeera, Brent crude, Drone Strikes, IRGC, Iran, Iran retaliatory attacks, Iran war, LNG, Middle East, Oil and Gas, Oil prices, Strait of Hormuz, Strait of Hormuz attacks, Strait of Hormuz closed, US, US Iran MoU, US Iran ceasefire, US Iran escalations, US Iran memorandum, US Iran memorandum of understanding
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