Month four of Hormuz blockade: Oil prices continue to soar after Iran attacks Kuwait, Bahrain
Oil prices jumped over 1% on Wednesday as tensions in the Middle East continued to intensify after Iran launched missiles towards Kuwait and Bahrain. At the same time, peace efforts between Tehran and Washington yielded no breakthrough and the Strait of Hormuz disruption continued for 96th day.Brent crude futures gained $1.05, or 1.09%, to reach…
