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The Nexus
SECURITYJul 31 · 16:46 UTCAL-MONITOR

Oil price rises after Iran says it stops ships in Hormuz

Oil prices increased after Iran reported stopping two vessels and causing four others to turn back in the Strait of Hormuz. The incident follows a drone attack on ships in a Mediterranean Egyptian port, raising concerns about energy supply disruptions.

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IranorganizationStrait of Hormuzplaceoil pricestopicReutersorganizationMediterranean Egyptian portplace
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