Wednesday, 21 October 2026 Updated 22 min ago
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Oil prices climb as traders assess Middle East developments

Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.

CNBC reports: Iran's Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.

This business story centres on Iran. Names and organisations mentioned in the coverage include Middle East, Iran's Revolutionary Guards and Strait of Hormuz.

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Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
Iran · Middle East
Reported by
CNBC
First reported
Key names
Middle East, Iran's Revolutionary Guards, Strait of Hormuz
Section
Business

Sources

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