Today has been a rollercoaster for oil prices. In fact, oil prices spiked 2.6% earlier this morning (Monday) after two oil tankers were attacked near the Strait of Hormuz. A third of the world's crude oil moves through the strait between the Gulf of Oman and the Persian Gulf. Oil prices initially skyrocketed as a […] Here's why oil prices are so volatile today... Tags: Oil To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2019 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why Oil Prices Plummeted 4% Today appeared first on Money Morning - We Make Investing Profitable .