SMH.com.au·3 min read·medium
Oil jumps, Wall Street retreats as Hormuz blockade reinstated
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Stan Choe✦AI Summary
Global markets reacted to the reinstatement of a US blockade on Iranian oil tankers in the Strait of Hormuz. While the S&P/ASX 200 finished flat, energy stocks saw significant gains due to rising oil prices.
— 10:37am , first published July 14, 2026 — 5:21am
businesspoliticseconomy
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