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Oil spikes on attacks, but remain at 5-month low (Video)

         AP Explains: News that two tanker ships have suffered suspected attacks in the Gulf of Oman, near the strategic Strait of Hormuz, has pushed up the price of crude oil, though oil prices remain low for this time of year. AP Business News Editor Charles Sheehan takes a look at the key waterway and its importance for the global economy. (June 13)

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Oil spikes on attacks, but remain at 5-month low  (Video)

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Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

 

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Summary
Oil spikes on attacks, but remain at 5-month low  (Video)
Title
Oil spikes on attacks, but remain at 5-month low (Video)
Description

AP Explains: News that two tanker ships have suffered suspected attacks in the Gulf of Oman, near the strategic Strait of Hormuz, has pushed up the price of crude oil, though oil prices remain low for this time of year. AP Business News Editor Charles Sheehan takes a look at the key waterway and its importance for the global economy. (June 13) Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Website: https://apnews.com Twitter: https://twitter.com/AP Facebook: https://facebook.com/APNews Google+: https://plus.google.com/115892241801867723374 Instagram: https://www.instagram.com/APNews/ ​ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/36e5d8cc36c24f5e30f475c537b22660

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