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Oil prices were holding on to their gains after climbing to a six-week high on Wednesday morning after the U.S. struck Iran for the 11th night in a row and President Donald Trump warned that the U.S. will bomb Iranian bridges and power plants if Tehran shoots at ships in the Strait of Hormuz.
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Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio warns Asian leaders AP NewsRubio says Iran 'not serious' about talks as US completes 11th night of strikes Fox NewsIran main ‘troublemaker' in region and ‘in a lot of trouble': Rubio Al JazeeraOil prices rise after Rubio says Iran is not serious about a deal CNBC
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The Houthis escalated threats on Tuesday, risking millions of barrels of Saudi oil that had been reaching energy markets despite the U.S.-Iran war.
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