SECURITYJul 13 · 02:58 UTCAL JAZEERA

Oil prices jump as US and Iran trade attacks over Strait of Hormuz

Oil prices, specifically Brent crude, increased by over 4% due to escalating tensions between the United States and Iran regarding control of the Strait of Hormuz. The conflict involves mutual attacks between the two nations over this critical maritime route.

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United StatesorganizationIranorganizationStrait of HormuzplaceBrent crudetopic

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