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Strait-of-Hormuz,-Iran
Middle East

Oil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vessels

The S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
U.S. Seizes Iranian Vessel Near Hormuz
Middle East

Oil Prices Surge After U.S. Seizes Iranian Vessel Near Hormuz

Oil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused…

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