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WHY IS OIL MOVING?
▼ −0.06%$90.47 · today
Renewed US–Iran conflict risk, shipping disruption,oil is down slightly on the day as tankers fire in the Strait of Hormuz and reports of near-zero Iran exports keep supply worries in focus. A firmer US dollar and higher US 10-year yields also weigh, keeping Brent and WTI lower by 10:34 GMT.
Brent ▼ -0.29%Dollar (DXY) ▲ +0.44%Middle East risk ▲ risingUSD higher ▲ risingYields higher ▲ rising
Updated 10:34 GMT · every 15 min
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