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Brent crude oil rose 5% intraday, Iran says it will close the Strait of Hormuz if it faces any new attacks

2026-07-08 14:38

Odaily reports, according to Gate data, Brent crude oil rose 5% intraday, now at $79.60 per barrel. WTI crude oil is currently up 4.75%. Iranian media reported that Iran will close the Strait of Hormuz if it faces any new attacks.