TOKYO -- The clash between Hamas and Israel has sent oil prices rebounding from their recent drop as investors worry about a broader Middle East conflict that could disrupt supply and cause further market chaos.
Commodities
Israel-Hamas war rattles oil market on fears of escalation
Suspicion of Iran involvement raises specter of U.S. sanctions, Hormuz closure
Some 20 million barrels of crude oil and petroleum products passes through the Strait of Hormuz every day. © Reuters
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