Hürmüz closure sends oil soaring past $100 and stokes US inflation

Rising tensions with Iran and the closure of the Strait of Hormuz have pushed oil prices above $100 per barrel, thrusting inflation back into the spotlight. In the United States, inflation spiked to 0.9% last month, fueled in part by surging energy costs. Continue Reading:Hürmüz closure sends oil soaring past $100 and stokes US inflation The post Hürmüz closure sends oil soaring past $100 and stokes US inflation appeared first on COINTURK NEWS.