Escalation in Hormuz and Rising Supplies Push Oil Down by More Than a Dollar

Oil prices fell by more than a dollar in early trading, with Brent crude dropping $1.86, or 1.75%, to $104.20 a barrel, and US West Texas Intermediate falling $1.42, or 1.30%, to $…

Oil prices fell by more than a dollar in early trading today, as investors assessed risks to supplies from attacks on ships crossing the Strait of Hormuz and US efforts to reduce o…