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The Economic Times — Marketseconomictimes.indiatimes.com

Oil rises after Iran shuts Hormuz again, Trump threatens new attacks (opens original article in a new tab)

TL;DR

Oil prices increased following Iran's closure of the Strait of Hormuz and ongoing tensions between the U.S. and Iran, despite initial talks under an interim peace deal.

  • Oil prices rose after Iran closed the Strait of Hormuz
  • U.S. and Iranian officials held first talks under interim peace deal
  • Trump threatened new attacks on Iran as tensions escalated

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