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Oil heads for another losing week, but analyst warns sluggish Strait of Hormuz traffic could send price soaring again

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Oil heads for another losing week, but analyst warns sluggish Strait of Hormuz traffic could send price soaring again

Iran warned on Thursday that vessels not following approved routes would be be dealt with ‘accordingly,’ and a U.N. organization paused ship-evacuation efforts at the strait.

Oil heads for another losing week, but analyst warns sluggish Strait of Hormuz traffic could send price soaring again

Source：MarketWatch

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Source：https://www.marketwatch.com/story/oil-heads-for-another-losing-week-but-analyst-warns-sluggish-strait-of-hormuz-traffic-could-send-it-soaring-again-80ab9ba8