Oil Rises on Prolonged Hormuz Closure Prospects
Oil prices rise due to potential long-term closure of the Strait of Hormuz.
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Energy crisis enters new phase as summer approaches, impacting oil, diesel, and jet fuel supplies due to Middle East conflict, says Financial Times.
Energy crisis due to Middle East conflict enters new phase as summer approaches, impacting oil, diesel, and jet fuel supplies, according to Financial Times sources.
U.S. crude futures surge to $107.52/bbl, highest since April 30.
U.S. crude futures surge to $107.52 per barrel, highest since April 30.
Oil prices surge; Brent tops $110, WTI nears $107
Oil prices surge: Brent tops $110 per barrel, WTI nears $107
IRGC: 'All US bases in southern Persian Gulf to be deactivated' if US continues blocking Hormuz Strait
IRGC ready to disable all US bases in southern Persian Gulf if US continues blocking Hormuz Strait
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