Oil surges 6% as Hormuz tensions rattle markets, raise inflation fears

Oil surges 6% as Hormuz tensions rattle markets, raise inflation fears

Summary

Oil jumps 6% as Hormuz tensions disrupt shipping, lifting the dollar and rattling markets, with investors watching supply risks and inflation fears.

Description

Oil jumps 6% as Hormuz tensions disrupt shipping, lifting the dollar and rattling markets, with investors watching supply risks and inflation fears.

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