Oil rises 1% after Iran says it seized foreign tanker in Gulf

July 18, 2019 admin Business News Comments Off on Oil rises 1% after Iran says it seized foreign tanker in Gulf

Oil prices rose about 1% on Thursday after Iran said it had seized a foreign oil tanker in the Gulf amid rising tensions between Tehran and the West over the safety of shipping in the Strait of Hormuz, a vital gateway for energy exports.

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Source:: Reuters – Business News

      

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