Oil prices jump, adding to weeks of swings over Strait of Hormuz

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Oil prices surged to record highs amid weeks of volatility after the Strait of Hormuz closed, prompting Iraq to route tankers overland along the Tartus‑Latakia Highway. Rising geopolitical tensions tightened global inflation, prompting cautious monetary policy and market volatility.
#OIL_PRICES #STRAIT_OF_HORMUZ #IRIQ_OVERLAND_EXPORTS #GLOBAL_INFLATION #MONETARY_POLICY #MARKET_VOLATILITY
20/04 01:53 nbcnews.com
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