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The Nexus
WORLDJul 14 · 03:38 UTCAL JAZEERA

Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook

Oil prices reached a 1-month high as tensions between the US and Iran raised concerns over the Strait of Hormuz. Brent crude approached $85 a barrel due to renewed hostilities between Washington and Tehran.

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