Oil prices flipped lower on Thursday as Israeli Prime Minister Benjamin Netanyahu said at a press conference that his country would help the US reopen the Strait of Hormuz, where traffic has fallen to a near-standstill. The comments came after a wave of new escalatory attacks by Iran and Israel targeted key energy infrastructure throughout the Gulf, with price action only slightly slowed by comments from US Treasury Secretary Scott Bessent suggesting the US may remove sanctions on Iranian crude. Future ...