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Oil prices spike after failed US-Iran peace talks and Trump's blockade of the Strait of Hormuz

Oil
Business Insider Fews App News Provider
Fews App Post Time 21h ago

Oil prices rose after markets reopened on Sunday evening. CESAR MANSO / AFPOil prices surged after the US and Iran failed to reach a deal during peace talks on Sunday. President Donald Trump said the US will enact a blockade of the Strait of Hormuz.

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