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U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met

U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.

Published Aug 17, 2026 · 1:44 AMOriginal source: Consumer News and Business Channel6 reads
U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.
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Consumer News and Business Channel

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