Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks

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Source: CNBC
Published: 2026-05-07 10:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, US Politics
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Snippet:
Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
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