Why the Middle East war still convulses the oil market

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Finance

Politics

Horace Hines |Journalist at Jamaica Observer

August 11, 2026

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Why the Middle East war still convulses the oil market

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WASHINGTON, United States (AFP) — After more than five months of conflict, oil markets continue to surge and tumble over the latest developments in the US-Iran clash, including President Donald Trump’s shifting pronouncements.

What is behind the market’s volatility?

– The ‘shock’ of Hormuz –

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