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Oil prices rise amid US-Iran tensions over Strait of Hormuz

29 Jun 2026 · 16:09 ISTafter close1 source ↓written by the desknot a recommendation

rose: 0.9%
a barrel: $73.21

Oil prices have increased as tensions escalate between the United States and Iran. Brent crude rose 0.9% to $73.21 a barrel, reflecting renewed concerns over shipping disruptions in the Strait of Hormuz. This rebound suggests that the market may have overreacted to previous ceasefire optimism.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Jun 2026, 16:09 IST.

Sourcesnews.google.com

Energy

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Oil prices rise amid US-Iran tensions over Strait of Hormuz

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