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Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

July 13, 2026
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Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed




The week is kicking off with fresh spikes for oil prices as the U.S. and Iran continued to exchange attacks.

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Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

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