Oil set for weekly gains after US threatens indefinite blockade of Iran

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Oil set for weekly gains after US threatens indefinite blockade of Iran

AI Summary

Oil prices are set for weekly gains amid rising tensions as the US threatens an indefinite blockade of Iran. This geopolitical move raises concerns for global energy markets and supply security.

World Security Conflict Politics Markets Commodities Energy Shipping oil prices US blockade Iran energy markets geopolitics sanctions supply security

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