• Reports of two oil tankers being attacked in the strategic Gulf of Oman sent world oil prices sharply higher Thursday morning.
  • A third of all oil traded by sea passes through the Strait of Hormuz, the narrow mouth of the Persian Gulf near the Gulf of Oman.
  • Experts do not expect the jump in oil prices to lead to higher gas costs in the U.S.

 

 

 

Read the full article here
Source: CBSnews.com

 

 

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