Oil prices seesawed overnight on fears that Iran will attack ships in the Strait of Hormuz, even after an agreement Wednesday among nations to release a significant amount of petroleum reserves. Energy Secretary Chris Wright on Thursday morning told CNN high oil prices were a “short-term energy disruption for just huge long-term gain.” Brent crude…
Source link
Live updates: Energy secretary emphasizes 'short-term' spike in oil prices; Senate to take up DHS funding
