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Secure Strait of Hormuz

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Editorial image for Oil Prices Surge Above $80 as Trump Declares Iran Ceasefire Over, Stocks Slide

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Oil Prices Surge Above $80 as Trump Declares Iran Ceasefire Over, Stocks Slide

US President Donald Trump announced the end of the ceasefire with Iran amid renewed Middle East strikes, triggering a rise in oil prices and a sell-off in global stock markets.

Jul 8, 2026, 7:13 PM CNA Latest News

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