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energyHIGHUS2026-05-09 03:54 UTC

Oil prices rise amid Hormuz tensions, hopes for agreement

Oil prices rise amid Hormuz tensions, hopes for agreement Brent crude futures rose sharply on Friday as tensions escalated between the United States and Iran in the Strait of Hormuz, though gains eased later amid expectations of a possible diplomatic breakthrough. Brent crude settled at $101.2

ORIGINAL SOURCE →via Middle East Eye
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