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Oil prices climbed on Thursday as the war in Iran approaches its one-month mark, with little sign of an end in sight.
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Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation.
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Strike kills IRGC Navy chief Tangsiri in Strait of Hormuz The Jerusalem PostIran War Live Updates: Israel Targets Iranian Navy Commander in Airstrike, Israeli Officials Say The New York TimesLive Updates: Iran war death toll mounts as Trump's tactics leave energy markets in turmoil CBS NewsIsrael says it has killed Iran's navy chief overseeing Strait of Hormuz blockade BBC
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Kharg Island exports 90 percent of Iran's crude oil. It has also become a potential U.S. target. Peter Eavis, our Business reporter, examines how the small island in the Persian Gulf has become a strategic target with significant risks.
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U.S. Postal Service seeks 8% fuel surcharge for package deliveries as Iran war raises oil prices CNBCExclusive | Postal Service to Impose Its First-Ever Fuel Surcharge on Packages WSJPostal Service to implement first-ever fuel surcharge amid mounting fuel costs, financial challenges Fox Business
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British oil major BP Plc has
raised $11.9 billion in debt through an issue of hybrid bonds in
multiple currencies, a spokeswoman told Reuters in an emailed
statement, as the company seeks to take advantage of low
interest rates to fortify its balance sheet.
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