EconomyOil extends gains after Iran strikes targets in Strait of Hormuz
Oil prices continued to rise after reports said Iran attacked what it called “hostile targets” in the Strait of Hormuz. Tehran is seeking an arrangement with Oman that would bar US ships from the strategically important waterway. The reported action and the proposed restriction are adding to pressure on energy markets. The developments center on access through the strait and Iran’s negotiations with Oman.
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Bloomberg News★★★★☆2026-08-06 23:00Original
Oil extends gains after Iran strikes targets in Strait of Hormuz
Economy