Oil jumps 3% as U.S.-Iran ceasefire fractures; Trump's Hormuz toll plans reignite supply fears

APA Corporation’s Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz and reinstate a blockade of Iranian ports, raising concerns over potential disruptions to global crude supplies.  U.S. West Texas Intermediate futures…

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