World stocks dip as oil rises after Trump's Hormuz levy threat | live
By Nell Mackenzie and Gregor Stuart Hunter LONDON/SINGAPORE, July 14 (Reuters) - Stocks moved back into negative territory after yo-yoing between gains and losses as oil hit one-month highs on Tuesday after President Donald Trump said the U.S. was reinstating its blockade of Iranian shipping and would collect a 20% fee on the Strait of Hormuz cargo traffic. Brent crude futures climbed over $3.00 to $86.36 a barrel, its highest level since mid-June.
By Nell Mackenzie and Gregor Stuart Hunter LONDON/SINGAPORE, July 14 (Reuters) - Stocks moved back into negative territory after yo-yoing between gains and losses as oil hit one-month highs on Tuesday after President Donald Trump said the U.S. was reinstating its blockade of Iranian shipping and would collect a 20% fee on the Strait of Hormuz cargo traffic. Brent crude futures climbed over $3.00 to $86.36 a barrel, its highest level since mid-June.
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