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Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to U.S. and Israeli strikes on Iranian nuclear facilities.
By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...
Tehran announces retaliatory missile attacks on US bases in Iraq and Qatar - Iranian news agency announces missiles launched ...
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — ...
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