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energy supplies

Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026. REUTERS/Pavel Mikheyev/File Photo
Jul 14, 2026

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption

Oil prices climbed 2% after the U.S. reinstated a naval blockade on Iran, disrupting flows through the Strait of Hormuz and raising supply concerns.

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