Brent oil steadied near $101 a barrel as Iran vowed it was prepared for a more intense war, stoking fears about deeper disruptions through the Strait of Hormuz. US Energy Secretary Chris Wright told Bloomberg that just under 11 million barrels a day of crude and oil products are moving through Hormuz. Bloomberg's Will Kennedy breaks down the situation. (Source: Bloomberg)
Brent oil steadied near $101 a barrel as Iran vowed it was prepared for a more intense war, stoking fears about deeper disruptions through the Strait of Hormuz. US Energy Secretary Chris Wright told Bloomberg that just under 11 million barrels a day of crude and oil products are moving through Hormuz. Bloomberg's Will Kennedy breaks down the situation. (Source: Bloomberg)
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