Oil futures were on track to tally a third-straight weekly loss on Friday — but after President Trump confirmed Iran violated its cease-fire deal with the U.S. by attacking a ship in the Strait of Hormuz, some analysts believe prices have fallen "too far, too fast."
Oil prices drop as more ships move through the Strait of Hormuz Yahoo FinanceOil Prices Return to Prewar Levels After Four Months The New York TimesU.S. oil plunges below $70 as ships keep crossing strait of Hormuz Los Angeles TimesOil price falls to levels not seen since before Iran war BBCDow Jones Top Energy Headlines at 11 AM ET: Oil Futures Fall With Focus on Increasing Supply | Saudi ... Moomoo