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Iran Takes Control of Hormuz Again Sending Oil Higher

After some optimism on Friday, Iran took control of the Strait of Hormuz again over the weekend. The US also seized a ship and Tehran fired on vessels in the area deepening the global energy crisis. Bloomberg's Julian Lee has…

This article was originally published by Bloomberg Markets and is republished here under license.

After some optimism on Friday, Iran took control of the Strait of Hormuz again over the weekend. The US also seized a ship and Tehran fired on vessels in the area deepening the global energy crisis. Bloomberg’s Julian Lee has the latest. (Source: Bloomberg)

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