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As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges

Brent crude falls over 9 percent after Iran said it will reopen waterway, only to shut it again over US blockade. Oil prices have plummeted to their lowest point in weeks after Iran said the Strait of Hormuz was open for passage during a ceasefire in Lebanon, and United States President Donald Trump said he expected to ⁠reach a deal to end the war soon. Brent cr... [2651 chars]

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