Oil prices surge as US, Iran trade strikes over Strait of Hormuz

The latest fighting has pushed oil prices up by as much as 4 percent, with brent crude rising above $79 a barrel. Cornelia Meyer is a specialist on oil and gas markets, and also CEO at Meyer Resources. She says until there is consistent two-way traffic in the Strait of Hormuz, concerns will remain over supply. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X: https://X.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazee