Business

Oil Prices Surge Amid Iranian Threats

Updated 2026-08-10 03:55 UTC 1 source Negative

Brent crude prices surged as Iran warned it would not reopen the Strait of Hormuz without significant US concessions. The threat has raised concerns about global oil supply stability.

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Al Jazeera
Brent crude prices rise as Tehran says critical waterway will not reopen without major US concessions.
2026-08-10 03:24 UTC
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