Oil & Gas Futures Rise Amid Hormuz Closure

Oil futures gained for a third consecutive session as the Strait of Hormuz remained closed due to Iran firing on three vessels and the ongoing US blockade, while US natural gas futures posted their sixth straight gain.

Coverage

• US Navy Secretary Phelan ousted as naval blockade of Iran continues - CNN
• Oil Edges Lower Amid Rise in U.S. Inventories, Hopes of U.S.-Iran Talks
• Brent oil rises above $100 after Iran seizes container ships, U.S. maintains naval blockade
• Iran Fires on 3 Container Ships, Seizing 2 in Hormuz Strait - Newsmax

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