Oil Prices Jump After Renewed Strikes in Gulf Put Shipping Recovery at Risk

NYT Home | Wed, 08 Jul 2026 04:50:44 +0000

Strait of Hormuz shakes,
Ships struck, retaliation hits;
Oil prices ascend.

Attacks on ships in the Strait of Hormuz sparked a new cycle of retaliation that could throttle the flow of energy from the region.

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