tldrdailynews.com logo

Oil set for weekly gain as U.S. intensifies pressure on Iran

1 min read
Source: CNBC
Oil set for weekly gain as U.S. intensifies pressure on Iran
Photo: CNBC
TL;DR

Oil prices rose for a second straight week on expectations that U.S. economic pressure on Iran will persist and amid ongoing uncertainty over shipping through the Strait of Hormuz, with Brent at $93.96 and WTI at $86.94 as diesel margins reach record highs and refinery constraints threaten supply.

Topics:nationbusiness#business#diesel-margins#energy-markets#iran-sanctions#oil-prices#strait-of-hormuz
Share this article
  1. Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran  CNBC
  2. The Message Behind Trump’s Threats of ‘Economic Warfare’ Against Iran  The New York Times
  3. Trump declares economic warfare on Iran. And, SCOTUS to rule on White House ballroom  NPR
  4. Iran war live: Tehran says planned US sanctions threaten global economy  Al Jazeera
  5. Trump Risks China Blowback With Plan to Choke Iran’s Economy  Bloomberg.com

Want the full story? Read the original reporting

Read on CNBC