Oil prices spike 5% after Iran oil sanctions waiver revoked
Oil prices on Tuesday jumped over 5 percent after the U.S. revoked its waiver on Iranian oil sanctions following strikes on three commercial vessels near the Strait of Hormuz.
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National story. 12 articles from 4 sources. Updated Jul 8, 2026.
Part of The US-Iran war: oil prices, gas prices and the market fallout
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