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Tensions over commercial shipping in Strait of Hormuz push oil prices higher

Iran
First seen: Sep 7, 2026, 4:31 PM UTCUpdated: Sep 7, 2026, 5:17 PM UTC

New tensions affecting commercial navigation in the Strait of Hormuz have caused another rise in oil prices.

Further disruption or perceived risk around this major energy chokepoint could raise global energy and shipping costs.

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