Brent Hits $111.27, Five-Month High, on Middle East Violence Surge
Published 2 d ago12 sourcesEvidence: Reported
Iran's Supreme National Security Council secretary states Iran will not resume negotiations and will keep the Strait of Hormuz closed unless seven unspecified conditions are met. This marks a hardline escalation, reversing any prior openness to talks and directly threatening a critical global oil chokepoint. The conditions are undisclosed, leaving uncertainty over diplomatic prospects and immediate market impact.
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