Oil prices surge as Strait of Hormuz tanker disruptions rattle global supply

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Source: The Manila Times
Published: 2026-03-03 00:24 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Europe, Iran, Energy, Economy & Finance, World News, Business & Economy
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Snippet:
FRANKFURT, Germany — Oil prices rose sharply Monday as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how U.S. and Israeli attacks on Iran would affect supply to the world economy.
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