Theresa May will chair a Cobra emergency committee meeting following the seizure of a UK-flagged oil tanker in the Strait of Hormuz on 19 July 2019.
The Stena Impero vessel was surrounded by four Iranian vessels and a helicopter before being boarded then redirected from its passage to Jubail towards Iran.
Iran's threat to disrupt supply by shutting the Strait of Hormuz is in retaliation against tighter sanctions from the US and a possible halt by Europe on its crude purchases.....
Read More Here- http://tinyurl.com/7c9jxmj
The stock market has enjoyed quite a nice run so far this year, but sooner or later a correction will be on its way. Here's what investors and traders need to consider.