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Oil gains over 2% as Mideast tensions and Hormuz toll prospects raise supply worries

cnbc.com·2 hours ago·Global·1 min read
Source: cnbc.com

Oil prices rose on Tuesday after U.S.

President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.

In an aerial view, oil storage tanks are seen at the Sunoco LP Fuel Supply Terminal on June 15, 2026 in Austin, Texas.

Oil held in the U.S.

Strategic Petroleum...

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