Oil Climbs as Fresh Tanker Strike Highlights Risks Around Hormuz
Mike McGlone, Senior Commodity Strategist for Bloomberg Intelligence, joined Bloomberg's Paul Sweeney and Stacey Vanek Smith to talk the uncertain oil market during the ongoing conflict in Iran. Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, highlighting continued risks to vessels in the critical waterway. Brent traded near $73 a barrel. A laden liquefied natural gas carrier, Al Rekayyat, was hit by a projectile near the Omani coast as it exited the waterway…



