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News

Iran Plan Restricts Hormuz Shipping Oil Jumps

Iran published a restrictive draft plan for Strait of Hormuz shipping. Oil prices jumped 3.8% as Brent closed at $82.49 per barrel.

07 August 2026 4 min read
Oil tanker passing through Strait of Hormuz with Iranian flag and sunset sky
News

Iran Plan Restricts Hormuz Shipping Oil Jumps

Iran published a restrictive draft plan for Strait of Hormuz shipping. Oil prices jumped 3.8% as Brent closed at $82.49 per barrel.

07 August 2026 4 min