Oil rises amid supply disruption fears following Iran's restrictive draft plan for the Strait of Hormuz

2026-08-07 01:00 •
News of Iran's restrictive draft plan for the Strait of Hormuz sent oil prices higher, renewing concerns over supply disruptions.
Read More Here: https://www.cnbc.com/2026/08/07/oil-rises-supply-fears-iran-draft-plan-strait-hormuz.html