Strait of Hormuz Traffic Monitored As Oil Prices Jump And Talks Postponed

Bold Lion from Gusau

about 2 months ago

Reuters goes live on the Strait of Hormuz as shipping traffic continues despite postponed negotiations and a sharp rise in crude oil prices. This is the waterway that carries a huge share of the world's oil, so any tension there can push fuel and transport costs up in Nigeria. Watch for the latest on what the standoff means for global energy supply.