International oil prices saw an uptick following reports that Iran is contemplating limits on ships moving through the Strait of Hormuz. Brent crude futures climbed to $83.48 per barrel, while WTI hit $78.84. As this vital waterway accounted for a significant portion of worldwide energy trade prior to the current conflict, the news has sparked fears regarding potential interruptions to supply.

by shortkt.com✓

3 hours ago