Oil Markets on Edge as Iran Vows Retaliation ...Middle East

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Oil Markets on Edge as Iran Vows Retaliation
source : OILPRICE ( Middle East ) () 87
U.S. airstrikes on Iranian territory have sharply raised fears of retaliation that could target key oil infrastructure and shipping lanes. The Strait of Hormuz, a critical oil transit chokepoint, is at the center of concerns over potential supply disruptions. Oil prices initially spiked but remain volatile as markets closely watch for Iran’s next move and possible escalation. 1m ago 3:52am CST Oil Prices Slide as Market Awaits Iran’s Next Move Oil prices reversed early gains on Monday as traders digested Iran’s subdued initial response…

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