Oil prices saw an increase on Friday. Market worries persist regarding ship attacks and seizures. Iran stated many vessels passed through the Strait of Hormuz. U.S. and Chinese presidents continued their discussions in Beijing. A ship was reportedly seized off the United Arab Emirates. The U.S. and China agreed on the importance of keeping the Strait of Hormuz open.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets