Oil prices spike more than 5% as worries grow over Hormuz
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Source: The Manila Times
Published: 2026-03-17 19:53 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Iran, Energy, China, US Politics, Business & Economy, Asia Pacific
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Snippet:
HONG KONG, China — Oil prices surged more than five percent Tuesday as several countries pushed back against Donald Trump's demand that they help secure the key Strait of Hormuz, while Iran continued to target crude-producing neighbours.
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