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Oil steadies after US threatens to blockade Iran indefinitely

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Oil steadies after US threatens to blockade Iran indefinitely
Reuters
Reuters🏁 first to report1 hrs ago
Oil steadies after US threatens to blockade Iran indefinitely
Oil steadies after US threatens to blockade Iran indefinitely  Reuters
Oil steadies after US threatens to blockade Iran indefinitely
PERTH, Aug 14 : Oil prices inched higher on Friday after the U.S. threatened to maintain a naval blockade of Iran indefinitely, reviving crude supply concerns, after prices fell in the previous session on a weaker global demand outlook.Brent futures rose 9 cents, or 0.1 per cent, to $87.16 a barrel by 0130 GMT, while U
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