Oil rises as traders digest US-Iran tensions Business

Oil rises as traders digest US-Iran tensions

SINGAPORE: (Reuters) – Oil prices jumped ​on Thursday on the escalation of hostilities between the U.S. and Iran, but later pared gains as traders ‌assessed the actual impact on supply disruptions. Tehran declared the Strait of Hormuz closed after the U.S. launched additional strikes against Iran and as President Donald Trump vowed even more attacks […]