Oil jumps 4% as new military strikes threaten Hormuz shipments
Some 20% of the world's oil and liquefied natural gas transited the strait before the war began at the end of February.-Iranian agreement signed last month that aimed to reopen the strait and end the war after a further 60 days of negotiations.
Oil prices surged over 4% on Monday as energy shipments via the Strait of Hormuz remained under threat, with the U.
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