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Oil jumps to almost $120 as Hormuz stand-off worsens supply crunch

Brent crude rises for eighth-straight day as Trump signals plans to keep naval blockade in place

Financial Times

April 29, 2026·1 min read

Image: Financial Times

Brent crude rises for eighth-straight day as Trump signals plans to keep naval blockade in place

Original article

Oil jumps to almost $120 as Hormuz stand-off worsens supply crunch

Published by Financial Times

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