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Tehran can cause the price of oil to spike, but it will hurt itself more.
If Iran closes the Strait of Hormuz, gas prices in the U.S. could surge due to disrupted global oil shipments.
The accident, which the United Arab Emirates said was unrelated to the conflict between Israel and Iran, occurred amid ...
The Emirati national guard says it has evacuated 24 people from an oil tanker after a collision between two ships just east ...
Iran's Supreme National Security Council must make the final decision on whether to close the Strait of Hormuz following U.S.