Tag: oil supply

Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets

Marco Rubio Says No Final Decision on Strait of Hormuz Yet — What It Means for Global Oil Markets U.S. Secretary of State Marco Rubio says negotiations over the Strait of Hormuz are making progress, but no final agreement has been reached yet. The uncertainty is keeping global oil markets on edge, even as crude...