Oil prices surged again today, breaking through yesterday’s spike with aggressive upward acceleration. Markets are entering a state of panic following explicit threats from Iranian officials to “set fire” to any vessel attempting to navigate the Strait of Hormuz. Ebrahim Jabbari, an adviser to the commander-in-chief of Iran’s Islamic Revolutionary Guard Corps (IRGC), told state […]The post WTI oil eyes key resistance at 79 as energy markets seized by panic appeared first on ActionForex.