Brent oil hits $100 after Iran’s new supreme leader says Str
Oil and Gas
Brent oil hits $100 after Iran’s new supreme leader says Strait of Hormuz must remain closed
Key Points
- Iran’s new supreme leader Mojtaba Khamenei said the Strait of Hormuz must remain closed to pressure the U.S.
- Attacks on tankers and cargo vessels in the Persian Gulf continued overnight.
- Energy Secretary Chris Wright told CNBC that the U.S. Navy is not ready to escort tankers through the Strait.
