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EconomyOil prices and stocks surge as Hormuz closure drags on

Oil prices and stock markets have risen sharply as the closure of the Strait of Hormuz continues. Analysts warn that US petrol prices, which fell by nine cents last week, could climb again if the disruption persists. The warning links a prolonged closure with renewed pressure on fuel costs.

oil pricesstock marketsStrait of HormuzUS petrol prices

AAl Jazeera★★★★☆2026-08-10 15:45Original

Oil prices and stocks surge as Hormuz closure drags on
Oil prices and stocks surge as Hormuz closure drags onEconomy