Oil prices rise as US-Israeli war with Iran continues to disrupt supply

Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternatives Trump threatens further action if Strait remains closed, Iran allows passage for select vessels OPEC+ agrees modest output rise, but war limits actual increases; Russian supply also disrupted TOKYO — Oil prices climbed on Monday on continuing fears of supply losses because of shipping disruptions in the […] The post Oil prices rise as US-Israeli war with Iran continues to disrupt supply appeared first on Interaksyon.