Oil prices have surged about 50% since the start of the war, which has choked off the Strait of Hormuz to shipping and cut oil and gas production across the Middle East.
Trump seeks de-escalation after Iran, Israel strike gas hubs
Oil prices have surged about 50% since the start of the war, which has choked off the Strait of Hormuz to shipping and cut oil and gas production across the Middle East.
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