Markets
Monday, 7/20, 07:16 AM
Brent tops $90 as Washington says its Iran mission now targets oil flow
- Energy Secretary Chris Wright said the US has pivoted to keeping oil moving through the Strait of Hormuz, with or without Iran's cooperation.
- Brent rose 3.09% to $90.76 on Monday.
- War-risk insurance on Gulf tankers now runs 3% to 10% of hull value, against roughly 0.25% before the conflict.


