Oil slips 3% after rally; Hormuz tensions keep markets on edge
Oil markets remain highly sensitive as conflict-driven uncertainty disrupts shipping routes, pushing prices into sharp swings despite a strong upward trend this year.
Oil markets remain highly sensitive as conflict-driven uncertainty disrupts shipping routes, pushing prices into sharp swings despite a strong upward trend this year.
Inflation, military conflicts in Ukraine and California's switch to the summer blend are considered as key factors that could keep prices high locally for several more months.
Export of American crude oil to India will create jobs, economic stability and national security in both countries, US Energy…