Oil prices rise after Trump threatens to bomb Iran and reimpose naval blockade

So the narrative in oil had turned notably bearish with traders pricing in an overs supplied market. But this latest escalation changing the calculus on when flows through the straight can return to normal. In theory, every renewed attack on commercial shipping further erodess confidence in the straits reopening notes Kepler making each future recovery more fragile than the last.WTI up 7% here in European natural gas prices up 8% this week getting back towards that 50 per megawatt hour level after a Qatari ...