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Oil Prices Climb on Fears of Broader Energy Crunch

Oil Prices Climb on Fears of Broader Energy Crunch

Hopes for an end to the war in Iran faded after President Trump failed to secure a commitment from China to help persuade Iran to reopen the Strait of Hormuz.

Source: https://www.nytimes.com/2026/05/15/business/oil-stocks-gas-trump-iran.html

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