Oil surges nearly 3 per cent as US tightens pressure on Iran after Hormuz deal expires | The National
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Source: The National (UAE)
Published: 2026-08-20 23:26 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy, US Politics, Business & Economy
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Snippet:
Oil prices surged nearly 3 per cent on Thursday, extending a five-day rally as the expiry of a US-Iran memorandum of understanding and renewed pressure from Washington raised fears of further supply disruptions.
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