Oil prices rose as the U.S. launched fresh strikes against Iran, undermining hopes for an end to the Iran war and a full reopening of the Strait of Hormuz. The chokepoint carries about one-fifth of pre-war global oil supplies, so renewed escalation increases supply-risk premiums.
Oil prices rose as the U.S. launched fresh strikes against Iran, undermining hopes for an end to the Iran war and a full reopening of the Strait of Hormuz. The chokepoint carries about one-fifth of pre-war global oil supplies, so renewed escalation increases supply-risk premiums.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
