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Oil jumps as violence flares after Trump’s offer to help ships through Hormuz

May 4, 2026
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Posted 5 hours ago by

US sinks 7 Iranian boats as Trump warns regime could be ‘blown off the face of the Earth’ Oil prices jumped sharply on Monday and stocks fell in volatile trading amid a flare-up in the conflict in the Gulf and deepening uncertainty over the near-total shutdown of ship traffic through the Strait of Hormuz. Oil []

Ya Libnan
Ya Libnan

Coverage and analysis from Lebanon. All insights are generated by our AI narrative analysis engine.

Lebanon
Bias: center

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