Middle East live: Oil prices extend gains as US-Iran tensions flare again

Middle East live: Oil prices extend gains as US-Iran tensions flare again

Live Issued on: 01/09/2026 - 05:38Modified: 01/09/2026 - 05:45 Vessels near the Strait of Hormuz as seen from Oman on August 31, 2026. © Stringer, Reuters Oil prices rose further Tuesday as renewed military exchanges between the United States and Iran, coupled with Donald Trump’s vow to hit Tehran “hard,” fueled fears of a broader escalation after weeks of relative calm. Follow our live blog for the latest developments. (FRANCE 24 with AFP, AP and Reuters)

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