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Illustrative image of a large oil tanker at sea representing global oil shipments amid rising tensions in the Strait of Hormuz
  • FINANCE

Oil Prices Surge After Iran Strikes and Hormuz Disruption

Sharjeel Khan7 hours ago05 mins

Traders are driving oil prices higher following recent strikes on Iran and the temporary closure of the Strait of Hormuz, sending global energy markets on edge. Experts warn the disruptions could affect global stock markets and increase fuel prices for motorists. US crude oil may jump about 9% when trading resumes, according to broker IG….

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