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Oil Prices Surge After Iran and U.S. Trade Strikes

The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.

BUSINESS NEWS July 12, 2026

Oil Prices Surge After Iran and U.S. Trade Strikes

The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.

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The renewed hostilities posed fresh risks to ships seeking to navigate the Strait of Hormuz.

Author: The New York Times

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