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Iran-U.S. escalation pushes oil above $100 as sanctions extend to Hormuz

IranUnited States
First seen: Sep 9, 2026, 7:02 PM UTCUpdated: Sep 10, 2026, 4:31 AM UTC

An Iran-U.S. escalation has reportedly extended sanctions into the Strait of Hormuz, while oil prices have risen above $100 per barrel.

The combination of escalating conflict, sanctions and higher oil prices threatens energy supply and global economic stability.

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