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The Nexus
BUSINESSJul 7 · 22:56 UTCTHE HILLRyan Mancini

Oil prices jump 5 percent after U.S. revokes Iran oil sanctions waiver

Oil prices rose over 5% after the U.S. revoked Iran's oil sanctions waiver following strikes on commercial vessels near the Strait of Hormuz. International Brent crude reached $75 per barrel as of Tuesday evening.

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