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The Iranian parliament backed a move to close a major oil and gas route, after American airstrikes in the country.
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
Petroleum minister's statement comes at a crucial time when oil markets are expected to open sharply higher after US' ...
Helima Croft, RBC Capital Markets' global head of commodity strategy, joins MSNBC for a conversation about the economic ...
Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle ...
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