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Wednesday, October 21, 2026Updated 07:31 UTC

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Oil prices climb as traders assess Middle East developments

Source: CNBC · Oct 21, 2026 05:27 UTC

An oil tanker ship in the Houston Ship Channel — File photo roger4336 / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.

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