Oil Jumps As Conflict Over Hormuz Escalates With Fresh Strikes
By Kanoko Matsuyama and Rong Wei Neo Jul 12, 2026 (Bloomberg) –Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of...
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Traders fear escalating hostilities could further restrict the flow of crude through the Strait of Hormuz
Oil prices jump as US and Iran step up tit-for-tat strikes
Traders fear escalating hostilities could further restrict the flow of crude through the Strait of Hormuz

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