Oil prices whipsaw as Trump’s Hormuz ultimatum and Iran threats keep markets on edge
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Source: CNBC
Published: 2026-03-23 17:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Military & Defence, Iran, Energy, US Politics
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Snippet:
Oil prices seesawed in volatile trading Monday as investors weighed the prospect of further escalation after President Donald Trump's ultimatum demanding Tehran reopen the Strait of Hormuz or face strikes on its energy infrastructure.
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