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Oil prices rise as U.S. and Iran fight for control of Strait of Hormuz - CNBC

Oil prices rise as U.S. and Iran fight for control of Strait of Hormuz - CNBC

The U.S. and Iran disputed whether Hormuz was open to ship traffic after trading strikes over the weekend.

Oil prices roseSunday evening after the U.S. and Iran traded strikes as they contest control of the Strait of Hormuz, one of the most important trade routes for global energy supplies. U.S. crude oi… [+2439 chars]

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