Post by SA Hunter on Jul 29, 2018 21:40:44 GMT 10
Iran's leaders this weekend threatened to shut the Strait of Hormuz, the world's most important seaborne transit lane for oil.
The comments appeared to provoke a late-night response from President Donald Trump threatening severe consequences for Iran.
Oil prices would rise sharply if Iran shuts down the Strait of Hormuz or engages in military conflict with the United States, analysts said.
www.cnbc.com/2018/07/23/oil-prices-could-hit-200-a-barrel-if-us-and-iran-go-to-war.html
The comments appeared to provoke a late-night response from President Donald Trump threatening severe consequences for Iran.
Oil prices would rise sharply if Iran shuts down the Strait of Hormuz or engages in military conflict with the United States, analysts said.
www.cnbc.com/2018/07/23/oil-prices-could-hit-200-a-barrel-if-us-and-iran-go-to-war.html