Oil prices move higher as Iran threatens response to latest U.S. strikes

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Source: CNBC
Published: 2026-07-30 19:14 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
Oil prices moved higher on Thursday after the U.S. launched a "heavy wave" of strikes against Iran late Wednesday in retaliation against its missile attacks on American forces in the region, dashing hopes for de-escalation.
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