Oil surges 3% as Iranian strikes on UAE renew supply fears
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Source: AfricaNews
Published: 2026-03-18 00:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Military & Defence, Energy, US Politics
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Snippet:
Oil prices jumped about 3% on Tuesday after renewed Iranian attacks on the United Arab Emirates rekindled supply fears, with the Strait of Hormuz remaining largely shut and several U.S. allies rebuffing President Trump's call to send warships to escort shipping through the vital waterway
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