Tag: iran; set
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Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
Aug 14 : Oil prices rose on Friday and were on track for weekly gains after the United States threatened an indefinite naval blockade of Iran, raising concerns about disruptions to crude supplies from the Middle East.Brent futures were up $1.43, or 1.64 per cent, to $88.50 a barrel at 0810 GMT, while U.S. Wes
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