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Home > Business News > Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure

Oil settles up on renewed US-Iran hostilities and threat of Red Sea closure

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Published: July 19, 2026 07:17:09 IST

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By Nicole Jao NEW YORK, July 17 (Reuters) – Oil prices climbed more than 4% to their highest in more than a month on Friday after the U.S. and Iran stepped up attacks across the Gulf, with shipping

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