World
Goldman Sachs Warns Oil Could Hit $120 as Shipping Risks Rise
Crude prices surged near $100 per barrel as Iran announced a planned maritime exclusion zone threatening a U.S. naval blockade in the Persian Gulf.
Topic
U.S. Navy
World
Trump says US is ‘low-keying it’ with Iran, stresses economic pain
The U.S. has redirected 55 commercial vessels and disabled others to enforce a blockade that has left Iran's primary oil terminal basically dark.