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Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

CNBC · Finance · 2026-08-21

Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

Oil prices eased Friday but remained on track for a second straight weekly gain as hopes of a swift reopening of the Strait of Hormuz faded to near-zero. Oil prices head for second weekly rise as U.S. vows to turn up economic pressure on Iran

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