U.S. crude jumps above $80 as Iran ceasefire fractures; Trump's Hormuz toll plans reignite supply fears
business
Per CNBC, U.S. crude jumped above eighty dollars a barrel on Tuesday, driven by President Trump's announcement of proposed shipping tolls in the Strait of Hormuz. The move comes as the U.S.-Iran ceasefire fractures, reigniting concerns about oil supply disruptions.
Source: https://www.cnbc.com/2026/07/14/oil-prices-today-brent-wt...
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