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Dollar prices rise after new U.S. strikes against Iran
Tensions are escalating between the United States and Iran following the U.S. military's recent strikes inside Iran aimed at safeguarding navigation through the Strait of Hormuz. This has led to a rise in oil prices by more than a dollar per barrel, with Brent crude reaching $79.28 and West Texas Intermediate hitting $74.76. An American official confirmed that the strikes would be broader in scope, while Iranian media reports hear explosions in several regions.
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