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News 2026-07-08 15:35 UTC

Renewed US-Iran Hostilities Raise Strait of Hormuz Risks, TPH Energy Says

() -- Renewed US-Iran hostilities lifted Brent about 6% from Monday's close after President Donald Trump declared the ceasefire over, raising the risk of prolonged disruptions around the Strait of Hormuz, TPH Energy said in a Wednesday note. After Iranian drones targeted three tankers transiting the Strait of Hormuz on