WS #11874
US issues deadline for Iran to reopen Strait of Hormuz; Oman-mediated talks propose a median lane compromise; oil prices and gasoline spike. US gasoline prices rise 6 cents this week to $3.88/gallon as renewed US-Iran fighting lifts crude oil prices to biggest weekly rise in eight weeks.
US-Iran Strait of Hormuz Crisis
US issues deadline for Iran to reopen Strait of Hormuz; Oman-mediated talks propose a median lane compromise; oil prices and gasoline spike.
US gasoline prices rise 6 cents this week to $3.88/gallon as renewed US-Iran fighting lifts crude oil prices to biggest weekly rise in eight weeks.