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Brent Oil Climbs Toward $100 With Hormuz Constrained

Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom’s south were halted by attacks. Oil trader Vitol Group estimated that oil flows throug...

Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom’s south were halted by attacks. Oil trader Vitol Group estimated that

oil flows through the Strait of Hormuz are about half of pre-war levels, but added that an exact figure is hard to quantify. Bloomberg's Will Kennedy has the latest. (Source: Bloomberg)

SOURCE: Bloomberg - Markets
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
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