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Oil Rises Amid Conflicting Information About Ships Crossing Through The Strait of Hormuz

Posted on May 4, 2026
By International Business Times
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1 min read

Oil Rises Amid Conflicting Information About Ships Crossing Through The Strait of Hormuz

Oil prices rose on Monday amid conflicting reports about whether U.S. ships were struck by Iranian forces after the U.S. said it would provide guidance to vessels so they could cross the Strait of Hormuz.