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Oil Prices Jump Amid Escalating US-Iran Tensions, Watch Hormuz Strait

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Oil Prices Jump Amid Escalating US-Iran Tensions, Watch Hormuz Strait

Oil prices are experiencing a notable jump as tensions between the US and Iran escalate, raising concerns about potential disruptions to crude oil flow. Traders are closely monitoring the Strait of Hormuz, a critical chokepoint for global oil shipments.

July 13, 2026Published 1 hour ago