Crude Oil is trading 3.4% up today at $80.95 as traders react to the intensifying U.S.-Iran conflict and mounting supply risks around the Strait of Hormuz.
- Price gains build on this week’s double-digit rally, driven by repeated U.S. airstrikes and Iranian attacks on tankers.
- Markets remain focused on potential disruptions to Middle East oil flows, which could further tighten global supplies and keep crude elevated.