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    Oil prices spike as Hormuz traffic slows to multi-week low

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    Source: Middle East Eye
    Published: 2026-07-13 17:55 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Transport, Middle East, Military & Defence, Iran, Energy
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    Snippet:
    Oil prices have jumped more than 4 percent on Monday following renewed strikes between the US and Iran threatening their fragile peace agreement.
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