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Passage denied: Hormuz shutdown keeps oil prices on an upward trajectory

Passage denied: Hormuz shutdown keeps oil prices on an upward trajectory

04.03.2026 13:28 | Euronews Business

Oil prices are climbing, albeit at a slower pace, as the US and Israel's war with Iran enters its fifth day, with little to ease concerns over the safety of the Strait of Hormuz — a vital artery for the global energy supply.

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