BREAKING
Iran Sets Seven Conditions for Reopening Hormuz; Oil Prices Stabilize
Iran has declared that the Strait of Hormuz will remain closed until the United States meets seven specific conditions. This geopolitical standoff has caused significant volatility in global energy markets. Brent crude is currently trading near $103.50 a barrel, while WTI futures hover around $96, reflecting ongoing investor anxiety regarding supply disruptions.
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