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Birds gather around litter on a beach as commercial vessels lie anchored in the Strait of Hormuz off Bandar Abbas, Iran, Wednesday, Sept. 2, 2026

Iran

Video. Iran hits US targets in the region as Washington probes wedding strike

Updated: 04/09/2026 - 5:42 GMT+2

Oil prices again spiked this week after a few weeks of relative stability following the renewed fighting as Iran continues to maintain a stranglehold over the strategic Strait of Hormuz, responsible for roughly 20% of global oil shipping.

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