Business

Oil Prices Rise Amid Strait of Hormuz Attacks

Updated 2026-08-12 03:55 UTC 1 source Negative

Brent crude prices increased due to renewed violence in the Strait of Hormuz, which has dampened hopes for a return to stability in energy markets.

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Al Jazeera
Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.
2026-08-12 03:41 UTC
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