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المشهد العربي
Oil Gains 3% Amid Strait Dispute
Oil prices rose by more than 3%, driven by increasing doubts about the possibility of reaching an agreement between the United States and Iran to reopen the Strait of Hormuz, amid disagreements over navigation conditions. Iran confirmed that the situation in the strait will not return to what it was before the war, as negotiations with Oman continue regarding the strategic future of the passage. Brent crude for October delivery increased to $86.30 per barrel, while Nymex crude rose to $80.73, reflecting the market's sensitivity to these uncertainties.
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