WTI crude oil futures have reversed higher today on reports of Iranian ballistic missile launches.
Iran said it was moving to a pre-emptive doctrine and now we’re seeing increasing signs of it as they struggle to disrupt shipping in the Strait of Hormuz.
On Aug 26, WTI was as low as $79 but now it’s back over $90.
This article was written by Adam Button at investinglive.com.
