Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
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Source: CNBC
Published: 2026-04-10 11:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
Oil prices edged higher Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite a ceasefire deal between the U.S. and Iran.
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