Oil jumps 3% as Gulf attacks deepen supply shock, with Hormuz disruption keeping markets on edge

Global oil prices rebounded sharply on Tuesday, rising about 3% as fresh attacks linked to Iran on the United Arab Emirates reignited fears of prolonged supply disruptions, with the strategically critical Strait of Hormuz still operating far below normal capacity. Benchmark Brent crude climbed $3.27, or 3.3%, to $103.48 a barrel by mid-morning in London,

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