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Oil rises 3% as Iran tempers hopes of Hormuz reopening
HOUSTON, Aug 10 : Oil prices jumped 3 per cent on Monday after Iran said the U.S. must lift sanctions on Tehran, pay reparations and meet a number of other conditions before the Strait of Hormuz is reopened.Brent crude futures were up $2.48, or 3 per cent, at $86.03 a barrel by 10:44 a.m. EDT (1444 GMT). U.S.
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channelnewsasia.com
Oil rises on concerns over Strait of Hormuz reopening plans
PERTH, Aug 7 : Oil continued its rise on Friday amid further concerns around the opening of the Strait of Hormuz as Iran, working with Oman, suggested banning vessels deemed…
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems…
