S6/10Geopolitical

Oil Advances Above $85 on Hormuz Tensions

Brent oil rose above $85 a barrel for the first time in a month, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo. Bloomberg's Rong Wei Neo reports. (Source: Bloomberg)

14 Jul 2026, 05:35 UTCSource: Bloomberg MarketsOriginal source

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