Oil prices jump 3% after Iran says it targeted U.S. airbase following fresh American strikes

Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.

By · May 28, 2026 · 1 min read

This article was originally published by CNBC Top News and is republished here under license.

Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.

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