Oil Price Tops $117 as Iran Blockade Fears Pressure XRP
Oil prices moved higher on Wednesday after reports said the U.S. prepared for a longer blockade of Iran’s ports. Brent crude climbed above $117 a barrel, extending its rise from just over $110 on Tuesday evening. The move kept energy markets focused on the Strait of Hormuz, where shipping disruption has already affected supply expectations. […]
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