Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

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Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

AI Summary

Oil prices rebounded from a two-month low as reports of attacks on shipping in the Strait of Hormuz offset hopes for an Iran truce. The headline points to renewed supply and maritime-route risk amid shifting U.S.-Iran tensions.

Security Conflict Politics Commodities Energy Shipping oil prices Strait of Hormuz shipping attacks Iran truce hopes supply risk

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