U.S. oil tops $80 after Trump bombs Iran for third day, Tehran attacks tankers in Hormuz

U.S. oil has pushed past eighty dollars a barrel as tensions escalate around the Strait of Hormuz, according to CNBC US Top News. CNBC reports the move came on Tuesday after President Trump announced plans to impose shipping fees in the strait — the narrow passage that carries a large share of the world's seaborne oil. The outlet's report also points to a third day of U.S. strikes on Iran and Iranian attacks on tankers in the waterway.

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