Oil rises after tanker attack in the Middle East
Fears grow on reduced crude flows through the Strait of Hormuz
14 June 2019 - 08:02
Tokyo — Oil rose for a second day on Friday, extending sharp gains following attacks on two oil tankers in the Gulf of Oman that stoked concerns of reduced crude flows through one of the world’s key shipping routes.
The attacks near Iran and the Strait of Hormuz pushed oil prices up as much as 4.5% on Thursday, putting the brakes on a slide in prices in recent weeks over concerns about global demand...
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