InternationalNewsAPI
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz - Al Jazeera
Overview
Markets have continued to push oil prices higher as an effective closure of the Strait of Hormuz tightened flows and raised premiums. The Capital Economics projection that prices could climb to $130–$140 if traffic stays halted adds urgency to efforts to reopen the waterway and signals a higher risk of emergency measures and market panic if disruptions persist.
Entities
ORGAl JazeeraLOCStrait of HormuzPERSONDonald Trump
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