RESOLVING THE LEDGER
This is one outlet's own report from The Times of India — the article as it was filed. Other outlets are covering the same event; open the full story to compare every source side by side.
See the full story · 4 sourcesOil prices saw a slight increase on Friday due to renewed supply concerns. The United States threatened an indefinite naval blockade of Iran, escalating economic pressure. This action heightened worries about potential disruptions to crude oil flows through the Strait of Hormuz. However, weaker demand forecasts and rising US inventories limited the overall price gains. Conflicting supply and demand factors are currently keeping the oil market balanced.
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