Oil Price Dips After Cease-Fire
The price of WTI oil futures, which rose to over $110 per barrel while the Strait of Hormuz was effectively closed to shipping, fell after a cease-fire was announced -- but not to its pre-conflict level.
The price of WTI oil futures, which rose to over $110 per barrel while the Strait of Hormuz was effectively closed to shipping, fell after a cease-fire was announced -- but not to its pre-conflict level.
