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HomeBusinessCrude oil rides geopolitical shockwave, gaining over 1% after US-Iran military flare-up

Crude oil rides geopolitical shockwave, gaining over 1% after US-Iran military flare-up

A person works near an oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026. — Reuters Markets remained focused on stalled Iran–US diplomatic. ..

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