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Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

The week is kicking off with fresh spikes for oil prices as the U.S. and Iran continued to exchange attacks.

Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

Published July 13, 2026 · Category: Finance

Overview

The week is kicking off with fresh spikes for oil prices as the U.S. and Iran continued to exchange attacks.

Source

Originally published at www.marketwatch.com.

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