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Iran Proposes Legislation to Block U.S. and Israeli Vessels from Strait of Hormuz Amid Rising Oil Prices

Blocknomi Published 07.08.2026 08:53

TLDR Brent crude futures advanced 1.1% to reach $83.43 while WTI gained 0.8% to settle at $77.91 on Friday Iranian lawmakers are examining proposed legislation to prohibit American and Israeli…

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