Oil prices rise as Iran vows Strait of Hormuz will not return to normal for US, allies. Iranian officials say restrictions will remain indefinitely, escalating tensions in the key waterway.
Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will 'under no circumstances' return to its previous state for the US and its allies.
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Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will 'under no circumstances' return to its previous state for the US and its allies.
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