Iranian attacks

An LPG gas tanker at anchor as traffic is down in the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Shinas, Oman, March 11, 2026. (PHOTO: REUTERS/Benoit Tessier)
Mar 17, 2026

Oil prices rise over 1% amid Middle East tensions affecting fuel costs locally

Oil prices rose more than 1% due to Iran attacks on UAE and Strait of Hormuz closure, driving higher fuel costs in the US and globally.


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