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US Business · politico.com · Tuesday, 2 June 2026

Oil Prices Jump Over 3% After US CENTCOM Strikes Iran, Reviving Geopolitical Risk

Crude prices jumped more than 3% on Monday, with Brent topping $90 a barrel after US CENTCOM launched self‑defence strikes on Iranian sites. The surge erased gains made after recent diplomatic optimism and reflects renewed geopolitical risk around the Strait of Hormuz.

Read the source: politico.com ↗In the 2 June issue →