Oil prices rise 1pc as geopolitical tensions disrupt ME supply
- Posted on March 4, 2026
- By Dawn
- 7 Views
Oil prices rise 1pc as geopolitical tensions disrupt ME supply
Trump stated the US Navy could begin escorting oil tankers through the Strait of Hormuz if necessary, adding he ordered the US International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade in the Gulf.
