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Oil prices remain near six-week highs amid Hormuz supply risks

IranOmanUnited Arab Emirates
First seen: Sep 5, 2026, 10:16 AM UTCUpdated: Sep 5, 2026, 5:46 PM UTC

Oil prices are close to six-week highs as traders focus on potential supply risks around the Strait of Hormuz. The report indicates elevated energy-market sensitivity to disruption in a major oil transit route.

A disruption around Hormuz could affect global oil supplies and raise fuel and inflation pressures.

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