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Oil prices rise 1% as Middle East conflict continues Hormuz shipping disruption

Times of India

BusinessTimes of India·Aug 7, 2026·1 min read

Oil prices rise 1% as Middle East conflict continues Hormuz shipping disruption

On Friday, oil prices experienced a modest rise amid shipping uncertainties in the Strait of Hormuz. Traders exhibit caution regarding transit through this critical route. Meanwhile, US President Donald Trump hinted at a potential…

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