Tag: threatens indefinite
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Oil steadies after US threatens indefinite blockade of Iran
NEW DELHI, Aug 14 : Oil prices inched up on Friday after the United States threatened an indefinite naval blockade of Iran, reviving concerns about supply of crude after the previous session’s fall on a weaker outlook for demand and a large build in U.S. stocks.Brent futures rose 1 cent, or 0.1 per cent, to…
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