60 Days
Source:
البلاد
Oil prices jump 8% following reimposition of maritime blockade on Iran
The U.S. Navy has begun implementing a comprehensive naval blockade of all Iranian ports and coastal areas as part of efforts to pressure Iran, following an 8% rise in oil prices after the resumption of the blockade. This comes amid markets' anticipation of peace talks between Iran and America and growing concerns over global oil supplies.
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