Oil prices jump as Strait of Hormuz stays closed and ceasefire talks stall

I'm hearing oil prices dropped sharply yesterday. They dropped everywhere except at the pump. Funny how that works.

When Oil Prices Spike, Where Does the Money Go? #CounterPunch

KYIV POST: Oil Prices Jump 4% as Iran Keeps Hormuz Closed Despite Ceasefire Oil surged as Iran refused to reopen the Strait of Hormuz despite a ceasefire extension, fueling fears of renewed conflict and supply disruptions. https://www.kyivpost.com/post/74530 #World #Economy #Business […]

Global oil prices have risen by about 4% amid uncertainty surrounding the Israel–US–Iran ceasefire and concerns over a potential reopening of the Strait of Hormuz, with WTI climbing to around $96.73 per barrel and Brent rising above $105 per barrel.

Oil prices rises further amid uncertainty over #StraitOfHormuz Brent crude briefly jumped above $105 per barrel early Thursday, before dropping to hover around $103 Price has risen more than 15% since a temporary ceasefire was declared two weeks ago #Iran #IranWar

He’s going to fold like a cheap suit because he has no alternative. The squeeze on fuel supplies can only be covered by drawing down stocks for so long. Once the tanks are empty oil prices will surge. Pulling out will be presented as a huge win and US journalists will get on board with this myth.

Illusory trigger and real rise: Brent crude oil price exceeds $106, and now $110 is the key Oil prices rose because of the fake news, but did not fall when the story broke. This reaction says more about the market than the headline itself, indicating strengthening underlying demand and ongoing…

Stocks slip and oil prices rise on uncertainty about US-Iran ceasefire talks:

Clearing Strait of Hormuz of mines could take 6 months, officials tell Congress. The Pentagon assessment, shared in a classified briefing for lawmakers, suggests gasoline and oil prices could remain elevated through the midterm elections. #IranCeasefire #IsraelTerrorist

[EMOJI] [CRYPTO #BNB #XRP live update | USD/USD +3.76%] • Bitcoin rises to $79,000 in the morning, while Ethereum struggles. • Oil gains on US trade tensions but oil prices remain high. • The tech sector has a steady rise of 1.5%, but the AI sector is flat.