Brent crude rises 1.8% as Hormuz shipping pressure persists, tanker routes remain exposed
Brent crude was up 1.8% on the session as Hormuz shipping pressure persisted.
Update: This story updates earlier coverage: Brent crude rises 1.8% as Hormuz shipping pressure persists, tanker routes remain exposed
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Key Points
- Hormuz shipping pressure persists as Gulf conflict keeps tanker routes exposed.
- Brent crude was at 106.2, up 1.8% on the session.
- Tanker routes remain exposed to disruption.
According to Reuters, Hormuz shipping pressure persists as Gulf conflict keeps tanker routes exposed. Brent crude was at 106.2, up 1.8% on the session.