Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping

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Source: CNBC
Published: 2026-03-17 12:17 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Energy, US Politics
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Snippet:
Oil prices jumped over 2% on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz.
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