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Brent jumps after Iranian strike sinks ship in Strait of Hormuz

Brent crude resumed its upward trajectory after the U.S. Central Command confirmed the sinking of a Singapore-flagged container ship by an Iranian Revolutionary Guard Corps projectile in the Strait of Hormuz.

Original · OilPrice.com AI summary of public reporting

Why: Iran strike in Hormuz → supply risk premium

BRENTOIL

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At publication → Current
BRENTOIL106.55 → 105.95−0.6%
Brent jumps after Iranian strike sinks ship in Strait of Hormuz | SignalHub