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Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions

BEIJING: Oil prices rose on Wednesday (Apr 29), extending a multi-day rally, on reports that the US will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing region. US President Donald Trump has instructed aides to prepare for an extended blockade of Ir

Read full story on Channel Newsasia

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