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Oil Advances Above $85 on Hormuz Tensions
Oil prices have advanced above $85 due to tensions in the Hormuz region.
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- Oil hits $85 as battle for Strait of Hormuz alarms energy markets
- Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries
- Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook
- Oil Rises as Trump Resumes Hormuz Blockade | The Asia Trade 7/14/2026
- Oil prices rise as the U.S. and Iran fight over control of Strait of Hormuz