Iran's relentless attacks on shipping traffic and energy infrastructure in the Persian Gulf had earlier pushed oil back above $100 a barrel, with stocks dropping worldwide on Thursday. The US treasury secretary has told Sky News that the US Navy will be escorting oil tankers through the Strait of Hormuz. Speaking to Sky News' Wilfred Frost, Scott Bessent said: "My belief is that as soon as it is militarily possible, the US Navy, pe... [4011 chars]
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