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MarketWatchJun 01, 2026
Global oil prices jump 7% to top $97 a barrel after Iran reportedly suspends talks with U.S. and fully closes Strait of Hormuz
U.S. and global oil prices were surging Monday after Iran reportedly suspended talks with the U.S. and closed the Strait of Hormuz in response to Israeli military operations in Lebanon.

RELATED ARTICLES
Oil Prices Spike as U.S. and Iran Exchange Fire (NYTimes Business)

Inc.comJun 01, 2026
Gas Prices Just Inched Closer to $5. Here's What History Says That Actually Means for the Stock Market
The Iran conflict has pushed gas to record levels yet asset prices are soaring.


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