Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel
The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
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The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
Oil prices continued to rise on Wednesday after U.S. President Donald Trump appeared to threaten Iran in a TruthSocial post.
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The alert said China purchases approximately 90% of Iran’s oil exports, with teapot refineries accounting for the majority of these imports.