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وكالة صدى نيوز
Oil Gains Slightly Amid Iran Tensions
Oil prices rose slightly amid the escalation of U.S. economic pressure on Iran in an effort to force it to resume energy flows through the Strait of Hormuz. Brent crude oil reached around $93 per barrel, after falling more than 2% in the previous session, while WTI crude was approximately $86. The U.S. Treasury Secretary, Steven Mnuchin, stated that countries would face a timetable to cut their ties with Iran or face sanctions, with sanctions already imposed on over 60 entities, and Iran's economy under continuous pressure, even though markets had expected a more severe reaction. Despite the tensions, Iran is prepared to face the American campaign, though fuel shortages and long queues at gas stations persist. Additionally, a oil tanker was hit off the coast of Oman in the Strait of Hormuz.
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