Oil rises again on tension fueled by tanker blasts
An Iranian navy boat trying to control fire from Norwegian owned Front Altair tanker said to have been attacked in the waters of the Gulf of Oman (AFP Photo/-)/ New York (AFP) - Oil prices rose again Friday in reaction to geopolitical tension, building on the previous day's surge sparked by blasts on two tankers in the Gulf of Oman. The US government blamed Iran for mysterious explosions on the tankers, and there were growing fears that Tehran could close the Strait of Hormuz, a major choke point for world oil shipments. Despite a ...
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