Oil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demanding a permanent end to the war, while disruptions to oil flows and damaged energy facilities continue to support prices. The UN Security Council is set to vote on a resolution concerning commercial shipping in the strait.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions