Oil price declines despite tensions over Strait of Hormuz
The relationship between the US and Iran has become very cold, and the conflict looming over the globally key oil route is putting downward pressure on oil prices.
BY RITZAU FINANS
As the world watches tensions develop between the US and Iran over the Strait of Hormuz, oil prices have declined slightly – both North Sea Brent and WTI crude.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Record-low US crude stockpiles raise oil prices
For subscribers
Oil market turns its back on OPEC
For subscribers
