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Oil holds above $100, stocks fall as Khamenei targets Hormuz

Oil prices held gains above $100 Friday and most equity markets dropped after Iran’s leader called for the blocking of the crucial Strait of Hormuz and the opening up of new fronts in the war against the United States and Israel.

Oil shock ‘largest supply disruption’ in history – IEA

The Mideast war “is creating the largest supply disruption in the history of the global oil market”, as Iran’s chokehold on regional supplies forces Gulf oil producers to slash production, the International Energy Agency said Thursday.

US says Iran campaign cost $11 billion in six days – Report

The opening week of the war against Iran cost the United States more than $11.3 billion, lawmakers were told in a Pentagon briefing, according to a New York Times report underscoring the pace at which the conflict is consuming weapons and resources.

Trump says US must ‘finish the job’ in Iran

“We don’t want to leave early, do we? We’ve got to finish the job, right?” Trump said while talking about the US-Israeli operation against Iran during a speech in Hebron, Kentucky.

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