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Oil jumps more than 2% after US attack on Iran's Larak island
Source: reuters.com
Geopolitics & WarEnergy Markets & PricesSanctions & Export ControlsTrade Policy & Supply Chain

Oil rose more than 2% Monday, with Brent returning above $90/bbl, after U.S. forces struck two Iranian launchers on Larak Island in the Strait of Hormuz. The action marked the first known U.S. strikes on Iran since late July, raising near-term supply and shipping-risk concerns for the Gulf.
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