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Oil prices jump as attacks threaten Middle East export facilities

WANA, Aramco Handout, Shell Handout/Reuters

17 March 2026 at 14:39:21


Oil prices surge as the U.S.-Israeli war with Iran disrupts key export routes, with Brent topping $105 a barrel after Iran halted shipping through the Strait of Hormuz and a drone attack hit the UAE’s Fujairah oil hub.

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