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Home > Business News > Oil jumps 4% as new military strikes threaten Hormuz shipments

Oil jumps 4% as new military strikes threaten Hormuz shipments

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Published: July 13, 2026 09:20:09 IST

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By Florence Tan and Helen Clark SINGAPORE/PERTH, July 13 (Reuters) – Oil prices surged over 4% on Monday as energy shipments via the Strait of Hormuz remained under threat, with the U.S. and Iran

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