Report
Oil prices rise as Strait of Hormuz traffic reportedly falls to a two-month low
CNN reported Thursday that oil prices climbed amid supply fears after tanker attacks pushed Strait of Hormuz crossings lower. The National cited Kpler data showing just seven commodity vessels passed through Tuesday.
TLDR
Oil prices climbed Thursday as supply worries grew around the Strait of Hormuz. CNN reported tanker attacks had pushed crossings to a two-month low, and The National cited Kpler data showing just seven commodity vessels passed through Tuesday. CNN also cited Kpler's report that 10 tankers were struck in the strait between September 28 and October 4, above the previous weekly high of six.
Combined views
658.8K
22 Sources, first seen ago
