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Oil rises on intensifying US-Iran hostilities and threat of Red Sea closure
PERTH, July 17 : Oil prices inched higher on Friday after the U.S. and Iran stepped up attacks across the Gulf, with their broken truce limiting oil flows out of the Strait of Hormuz and with Tehran asking the Houthi movement to stand ready to shut the Red Sea export route. Brent crude futures rose $1.05, or
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aljazeera.com
Oil prices hit 1-month high as US-Iran attacks dim Strait of Hormuz outlook
Brent crude nears $85 a barrel amid renewed hostiles between Washington and Tehran.
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arabnews.com
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
SINGAPORE: Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped up attacks…
