Oil Holds Gain as Traders Weigh Hormuz Flows After Ship Attack (opens original article in a new tab)

Oil held a gain as traders assessed the outlook for the Strait of Hormuz following a cargo ship attack.

• Oil held a gain after a cargo ship was attacked in the Strait of Hormuz
• Traders are assessing the outlook for the reopening of the Strait of Hormuz
• The attack on the cargo ship affected oil market sentiment