business / news / / The Manila Times
Oil prices shot higher on concerns of an extended blockade of the Strait of Hormuz.
US oil executives were told the Strait of Hormuz blockade could last for months longer.
KEY POINTS
- President Trump has rejected Iran's latest proposed deal to reopen the Strait of Hormuz.
- Wednesday's Fed meeting had the most dissenting votes on policy since 1992.
- Fed Chair Jerome Powell confirmed he will remain a governor after his chair term ends.
COMPANIES
Summarized by Newsio from The Manila Times. How we summarize →