Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz
Fast facts
- Category: World News
- Language: EN
- Published: 2026-04-24 09:57 UTC
- Sources: Al Jazeera
The price of oil has jumped due to the ongoing conflict between the US and Iran over the Strait of Hormuz. Donald Trump has stated that vessels will need permission from the US Navy to transit the key waterway.
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