Oil Bounces as Iran Seeks to Block Strait of Hormuz
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Oil is bouncing off intra-day lows on headlines Iran is drafting a bill proposing a blockade of the Strait of Hormuz. Related ETF (NYSE: USO).
Oil is still down 1.8% today to $83.41 per barrel.
Oil is still down 1.8% today to $83.41 per barrel.
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