SECURITYMay 28 · 09:31 UTCFRANCE 24Charles PELLEGRIN

Oil prices on the rise again as US-Iran fighting escalates

Benchmark crude oil prices increased as Iran targeted a US airbase following American airstrikes, causing commercial traffic in the Strait of Hormuz to nearly halt. Australia filed legal action against 3M over 'forever chemicals' in firefighting foam, and Brazilian President Lula da Silva endorsed expanded oil and gas exploration in the Amazon.

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IranplaceUnited Statesplace3MorganizationAustraliaplaceLula da SilvapersonStrait of HormuzplaceAmazonplace

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