Global oil prices surge above $94 a barrel and settle at a 6-week high after the U.S. strikes Iran in Hormuz, and Trump threatens more action if Tehran retaliates

Global oil prices surge above $94 a barrel and settle at a 6-week high after the U.S. strikes Iran in Hormuz, and Trump threatens more action if Tehran retaliates →

Oil prices on Tuesday settled at their highest levels in nearly six weeks, after the U.S. military said it struck Iranian targets in the Strait of Hormuz in response to Tehran’s overnight attacks on ships transiting the vital waterway.