CNA·3 min read·medium
Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict
C
CNA
✦AI Summary
Oil prices remain near one-month highs as U.S. military strikes on Iran and a naval blockade heighten fears of supply disruptions in the Strait of Hormuz. Analysts warn that continued conflict could push prices toward $100 per barrel.
Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 18, 2026. REUTERS/Stringer
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