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Oil Prices Surge Past $103 as US Announces Iran Blockade

Oil Prices Surge After US Announces Iran Blockade Global oil prices have surged past $103 per barrel following the United States’ announcement of a blockade targeting Iran, triggering fresh concerns over supply disruptions. Benchmark crude prices jumped sharply after the move, with Brent crude rising above $102 and US crude crossing $104 per barrel. Blockade…

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