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Oil prices jump 5 percent after US revokes Iran oil sanctions waiver

Oil prices jump 5 percent after US revokes Iran oil sanctions waiver
Photo: ValleyCentral (KVEO/CBS4) - Main News · view original

Oil prices on Tuesday jumped over 5 percent after the U.S. revoked its waiver on Iranian oil sanctions following strikes on three commercial vessels near the Strait of Hormuz.

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