Renewed hostilities in Persian Gulf set back hopes for recovery of oil supply
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Article Excerpt
Renewed hostilities in Persian Gulf set back hopes for recovery of oil supply
SOPHIA BERTUZZI
TORONTO
PUBLISHED 1 HOUR AGO
Open this photo in gallery:
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, on Thursday.
STRINGER/REUTERS
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The resumption of heavy bombardment in the war between the United States and Iran has oil markets betting that a full return of Persian Gulf crude supply remains a distant hope with the conflict now in its fifth mont…
Read full article at The Globe and Mail ↗
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Jul 10, 2026