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US Rejects Iran Truce Offer, Oil Rises on Hormuz Risk
ClarínLO·US · IR·1 day ago
Iran threatens to halt all Middle East oil exports after the US rejected a proposal to reopen the Strait of Hormuz and Trump announced resumption of attacks. This escalates tensions in ongoing negotiations, risking a major supply disruption. The threat is unverified and likely rhetorical, but if enacted, it would have severe global energy and market implications.
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