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Oil Prices Surge Past $94 After US Strikes in Strait of Hormuz

Global crude oil prices climbed above $94 a barrel following renewed U.S. airstrikes targeting Iranian positions near the Strait of Hormuz. The escalation has triggered immediate supply concerns, pushing bond yields to their highest levels since January 2025 amid rising inflation fears.

1 Sept, 08:50 — 1 Sept, 19:51
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