Oil tanker attack leads to price surge Unlisted Video
4 years ago
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According to Reuters, oil prices are surging after hitting a five-month low.
But gains made for crude oil futures were attributed to rising tension along the waterways in the Middle East.
On June 13th, crude oil prices spiked over 4-percent after reports revealed that two tankers were attacked in the Gulf of Oman.
The rising price for crude oil futures also gave a boost to publicly traded energy companies, including Exxon Mobil and Chevron, which rose over 1-percent each.
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