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Oil Prices Rise as Trump Announces Renewed Blockade on Iran

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2026-07-13 14:30:52
U.S. crude oil and Brent crude extended short-term gains, trading at $74.71 per barrel and $79.5 per barrel, respectively.

According to Jin10, the move followed an announcement by U.S. President Donald Trump that the United States would restore a blockade on Iran.
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