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The Nexus
SECURITYJul 13 · 09:27 UTCMARKETWATCHMike Murphy

Oil prices surge as much as 5% after Iran declares Strait of Hormuz is closed

Oil prices surged as much as 5% following Iran's declaration that the Strait of Hormuz is closed. The U.S. and Iran are exchanging attacks, contributing to the market volatility.

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IranplaceStrait of HormuzplaceUnited Statesplaceoil pricestopic
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