Oil prices top $102 as U.S. allies reluctant to escort tankers in Strait of Hormuz

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Mar 17, 2026 - 20:00

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Oil prices top $102 as U.S. allies reluctant to escort tankers in Strait of Hormuz

Oil prices pared gains on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz.

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