Oil climbs as ceasefire cracks appear, Iran demands Hormuz tolls

Author: news24.comPublished on: April 9, 2026Country: Iran

PoliticsBusiness & Economy

Oil climbs as ceasefire cracks appear, Iran demands Hormuz tolls

Oil prices have risen as tensions emerge within a fragile ceasefire. Iran has also begun demanding tolls for passage through the Strait of Hormuz, a strategic maritime route for oil transport. These developments could have significant repercussions on the global energy market.

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