Oil prices rise anew after a US-Iran standoff in the Strait of Hormuz strands tankers

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Source: The Manila Times
Published: 2026-04-20 10:34 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, World News
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Snippet:
NEW YORK — Oil prices rose in early trading Sunday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz, the Persian Gulf waterway that is crucial to global energy supplies.
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