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Strait of Hormuz

Follow Strait of Hormuz through LedgerWire reporting. 3 reports with clear summaries and linked sources.

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The Guardian reports Brent crude rose about 3.5% on Friday to pass $117 a barrel, its highest since April, then eased to just over $116, about 2.7% up. The move followed Tehran's threat to attack Gulf oil facilities, undersea cables and datacentres if a new US-Israeli offensive is launched against Iran.

Brent crude tops $117 after Iran threatens Gulf oil and data targets ↗