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CONFLICT● ELEVATEDJul 9 · Jul 9, 2026, 8:35 AM

Oil prices stabilise after renewed US-Iran strikes rock peace hopes

France 24 [en]

Oil prices fell on Thursday after a surge the previous day triggered by US President Donald Trump's declaration that the ceasefire with Iran was "over" following the country's renewed attacks on ships in the Strait of Hormuz. Trump later said that he expected the latest military flare-up to end quickly and left the door open to more talks.

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