Iranian official dismisses Omani Strait proposal
A senior Iranian official told Reuters that there is no chance of success for the Omani proposal regarding the Strait of Hormuz, given the escalating military tensions in the Middle East. Additionally, oil prices rose by more than $3 per barrel following the military attacks, with U.S. crude futures increasing by 4.4% to $82.67 after Iran confirmed the attack on a U.S. base in Jordan and the launch of ballistic missiles toward the region.
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