Crude oil prices rise amid tensions in key Persian Gulf passage

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Source: AP News
Published: 2026-03-03 04:47 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Natural Disasters, Iran, Energy, World News, War & Conflict
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Snippet:
Iran said it temporarily closed the Strait of Hormuz, the narrow mouth of the Persian Gulf, as it conducted live fire exercises in the vital waterway, through which 20% of the world’s oil passes.
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