120 Days
Source:
وكالة مدار نيوز
Source: وكالة مدار نيوز
120 Daysوكالة مدار نيوز
Source: وكالة مدار نيوز
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Oil prices jumped to their highest levels in a month following US President Donald Trump's announcement of resuming the naval blockade of the Strait of Hormuz and imposing a 20% tariff on shipments passing through the waterway. Brent crude rose by 7.1% to reach $81.40 per barrel, while US West Texas Intermediate (WTI) crude increased by 7.2% to $76.50 per barrel, marking their highest levels since June 15. This surge comes after reports of the US military preparing to reimpose the blockade, although markets do not expect the tariffs to be fully implemented given the unclear details regarding the mechanisms of execution.
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