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Oil prices rise after US and Iran exchange fire in Hormuz strait

The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

LATEST NEWS May 08, 2026

Oil prices rise after US and Iran exchange fire in Hormuz strait

The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

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The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.

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