India, April 9 -- Crude oil has soared on Thursday as Iran allows only restricted naval traffic through the Strait of Hormuz, renewing supply disruption concerns. Further, Israel's bombardment of Lebanon kept Middle East tensions alive.
WTI Crude Oil for May month delivery was last seen trading up by $3.25 (or 3.44%) at $97.66 per barrel.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....