Oil prices rise as U.S. launches new Iran airstrikes, while Trump abandons Strait of Hormuz fee

Jul 14, 2026 - 15:35
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Oil prices rise as U.S. launches new Iran airstrikes, while Trump abandons Strait of Hormuz fee
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.

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