Oil Prices Rebound After U.S. Seizes Iranian Ship
Oil prices rebounded after the U.S. seized an Iranian ship, escalating tensions and dampening hopes for a near-term peace deal, following sharp volatility tied to the reopening and subsequent closure of the Strait of Hormuz, CNN's Hanna Zlady reports. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
