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The Nexus
BUSINESSJul 22 · 11:15 UTCNBC NEWSSteve Kopack

Oil surges past $95 as U.S. downplays Iran diplomacy and a 2nd key trade route is disrupted

Oil prices surged past $95 due to the U.S. downplaying Iran diplomacy and the disruption of a second key trade route. The Khor Fakkan Container Terminal in the Sharjah Emirate along the Gulf of Oman is highlighted as a major container port.

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Mentioned
U.S.organizationIranplaceKhor Fakkan Container TerminalorganizationSharjah EmirateplaceGulf of Omanplaceoil pricestopictrade route disruptiontopic
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