Oil price briefly hits $120 after reports of 'extended' Iran blockade
The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.
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The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.
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Oil set for second weekly rise as unsettled US-Iran war crimps supply - Reuters
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August 23, 2026 at 11:34 PM