Oil Prices Rise Amid Iran Tensions | Bermuda News

Oil prices dipped slightly amid rising tensions between the U.S. and Iran, as fewer ships navigate the Strait of Hormuz—down to seven from thirteen after a U.S. naval blockade was reimposed. Tehran vows to cut more exports, calling the conflict “existential,” while analysts warn prices could surge to $95 or even $100 per barrel due to supply disruptions. Iran may also target the Bab el-Mandeb Strait, adding to global energy anxiety. Meanwhile, Ukraine strikes Russian tankers in the Black Sea, underscoring ongoing regional volatility. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/47f9b7596fab7d96