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Oil prices surge as violence flares in Strait of Hormuz

Oil prices surge as violence flares in Strait of Hormuz

aljazeera.com 05.05.2026 07:23 13 baxış
Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink.

Oil prices flat as Trump’s plan for Strait of Hormuz fails to calm marketBrent crude is largely unmoved by Trump’s announcement of the operation, dubbed ‘Project Freedom’.

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