Oil Prices Hit 1-Month High as Hormuz Shipping Crawls | Newsmax.com

Oil prices climbed to their highest level in a month Friday as renewed fighting between the U.S. and Iran pushed commercial shipping through the Strait of Hormuz to its lowest level in more than a month, according to The New York Times.

Brent crude, the international benchmark, rose about 4% to roughly $88 a barrel, its highest price since early June continue reading …