Oil prices climb after attack in Strait of Hormuz halts evacuation plan

Economy|US-Israel war on IranOil prices climb after attack in Strait of Hormuz halts evacuation planBrent crude rises after cargo ship comes under attack in key waterway.ListenListen (3 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoTankers and cargo vessels in the Gulf of Oman, along shipping routes linking the Strait of Hormuz and the Arabian Sea, on June 16, 2026 [AP]By John PowerPublished On 26 Jun 202626 Jun 2026Oil prices have jumped after the United Nations maritime agency called off its planned evacuation of ships stranded around the Strait of Hormuz following an attack on a cargo vessel in the waterway.Brent crude, the international benchmark, rose as much as 4 percent on Thursday after the…

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