Oil prices are volatile amid conflicting reports about security in the Strait of Hormuz

By Steve Kopack Oil prices swung sharply Tuesday as conflicting reports about shipping in the Strait of Hormuz drove the cost of crude oil down for much of the morning, then higher in the afternoon. U.S. West Texas Intermediate crude oil plunged as much as 19%, slipping below $77 per barrel at one point. But the […]