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Euronews
Euronews
Quirino Mealha

Oil prices rise as Trump presses allies to secure the Strait of Hormuz

Donald Trump Oil Strait of Hormuz Iran United States IEA Iran War

Oil prices rose at the open on Sunday as the Iran War entered its third week with seemingly no end in sight.

Brent crude hit a high of $106.5 while WTI peaked at $102.4. At the time of writing, prices are trading at $103 and $97.5 respectively.

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