CNBC·3 min read·medium
Strait of Hormuz crude flows recover, Trump's Iran tariff push
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Spencer Kimball, Hugh Leask, Lee Ying Shan
✦AI Summary
Oil prices rose following reports of attacks on tankers in the Strait of Hormuz, heightening concerns over global energy supply chains. Industry leaders warn that ongoing regional conflicts in the Middle East and Black Sea are threatening critical energy transit routes.
Oil prices moved higher on Friday after Iran said it attacked two tankers transiting the Strait of Hormuz.
economybusinessworld
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