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The Economic Times
The Economic Times
Business
Veer Sharma

Oil Price Today (July 9): Crude oil nears $80, up for 3rd day as US launches fresh strikes on Iran. Hormuz supply in jeopardy?

Oil prices climbed on Thursday, extending gains for a third day in a row, after the United States carried out fresh strikes on Iran, weakening hopes of a resolution to the Iran war and delaying expectations of a full reopening of the Strait of Hormuz, through which one-fifth of pre-war global oil supplies typically pass.

Crude oil price on July 9

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