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Thursday, 7 May 2026
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Oil prices up 2% as no end to Iran war stand-off in sight

Oil prices rose nearly 2% today, extending gains from the previous session, as efforts to end the US-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out o…

By RTÉ News· RTE· 9 days ago· 2 min read
Oil prices up 2% as no end to Iran war stand-off in sight