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Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

CNBC

BusinessCNBC·Aug 21, 2026·1 min read

Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

Oil prices eased Friday but remained on track for a second straight weekly gain as hopes of a swift reopening of the Strait of Hormuz faded to near-zero.

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