By Reuters and published by Yahoo!News SINGAPORE/BEIJING – Oil prices were trading more than 2% higher on Monday (Aug. 31) after the US attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as their conflict extended into its sixth month. Brent crude futures climbed $2.21, or 2.51%, to $90.31
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Monday, August 31, 2026
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