Oil prices continue to fluctuate as the Strait of Hormuz, a crucial waterway through which a fifth of the world’s crude typically passes remains shut and the war shows no signs of relenting.
Muyu Xu is a senior crude oil analyst at Kpler and she told Al Jazeera that uncertainty around the direction the war is taking means oil prices are likely to remain high.
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on X: https://twitter.com/AJEnglish
Find us on Facebook: https://www.facebook.com/aljazeera
Check our website: http://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.news/AJEMobile
#StraitOfHormuz #FuelPrices #GasPrices #OilSupply #EnergyCrisis #Inflation #Economy #Oil #Gas #LNG #OilPrices #Iran #US #USIsraelWarOnIran #USIranTensions #MiddleEastTensions #USIranWar #IranWar #OperationEpicFury #AlJazeeraEnglish
