U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won’t open until conditions are met – CNBC

U.S. Oil Surges Past $83 a Barrel Amid Tensions Over Strait of Hormuz Closure

Published on : Published by : Samuel Brown

U.S. oil prices surged past $83 a barrel after Iran declared the Strait of Hormuz will stay closed until specific demands are fulfilled, sparking fears of major global supply disruptions, CNBC reports