Brent crude hovers near $90 as Iran vows not ‘a single drop’ of oil or gas will transit Hormuz

Brent crude is trading near ninety dollars a barrel as tensions escalate in the Persian Gulf, CNBC US Top News reports. Iran has vowed to block all oil and gas transiting the Strait of Hormuz, while American forces have begun a ninth consecutive night of strikes against Iranian targets.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton