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Oil rises on uncertainty over reopening of Hormuz

Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the U.S. must still meet other conditions. Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel by […]

Oil rises on uncertainty over reopening of Hormuz

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