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The Economic Times

Global Business / The Economic Times

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Why the US-Iran war continues to disrupt oil markets

The oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down the critical Hormuz waterway has caught the attention of global investors. President Trumps inconsistent remarks have also played a pivotal role in shaping market reactions. Despite the rise in crude prices, they remain below expert expectations.

12 Aug 2026 12:02 am