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

US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

BUSINESS NEWS May 08, 2026

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

US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

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US President Donald Trump says the ceasefire between Washington and Tehran is still in place.

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