BUSINESSglobal
Oil prices moderate as Iran supply fears persist; Trump talks Hormuz intervention
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Updated 3 hours ago
First seen March 17, 2026 05:02:26Stay on top of this story
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Quick Summary
Oil prices pared back earlier gains in whipsaw trade on Monday, as markets remained largely on edge over more supply disruptions stemming from the U.S.-Israel war on Iran. Crude had briefly fallen after U.S. President Donald Trump called on other countries, including China, to help restore shipping through the Strait of Hormuz. — the global ...