Oil price today: Oil surges as US-Iran ceasefire collapses, inflation risk jumps
Traders are nervous another closure of the Strait of Hormuz to shipping could swiftly force oil, gas and coal prices higher in an upward inflation risk.
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Oil Prices Jump After Iran Strikes and Renewed Hormuz Closure
Oil prices rose sharply in early trading after renewed US strikes on Iran and Tehran's decision to close the Strait of Hormuz indefinitely.
ASX to climb, but Iran strikes escalate uncertainty
Markets face more uncertainty after wave of strikes on Iran over the weekend and Tehran closed the Strait of Hormuz to shipping.
ASX to climb, but Iran strikes escalate uncertainty
Markets face more uncertainty after a wave of strikes on Iran over the weekend and Tehran closed the Strait of Hormuz to shipping.

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