'Oil prices rising, but no panic yet', as Iran threatens to close Strait of Hormuz
June 23, 2025
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3:04Now Playing'Oil prices rising, but no panic yet', as Iran threatens to close Strait of Hormuz
YouTube Description
as posted by the channelWorld markets seem "relatively sanguine" despite oil prices rising in early trading, following a threat by Iran to close the Strait of Hormuz, according to Sky's Economics and Data Editor.
The country has suggested it could close one of the world's busiest shipping routes - in which 20% of the world's oil passes - in retaliation for US air strikes on its nuclear sites.
But Ed Conway says the markets are "not anywhere close to panic" at the moment.
#skynews #iran #middleeast #oilprices
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