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Wednesday, October 14, 2026
HomeBusinessOil prices rise as Iran deploys new tactics to target tankers

Oil prices rise as Iran deploys new tactics to target tankers

LONDON, Oct 14: Oil prices edged higher on Wednesday after two vessels were struck in the Strait of Hormuz and Iranian officials told Reuters they were deploying new tactics to target ships, seeking to keep oil prices high and influence the US midterm elections. Brent crude futures rose 3 cents to $105. 72

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