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Iran Commander Warns No Oil Will Pass Strait of Hormuz Without Tehran's Decision

Oil prices have risen above $100 per barrel, reaching their highest level since July 2022, driven by ongoing concerns over the potential closure of the Strait of Hormuz and the US's announced attacks on Iran. A commander of Iran's Revolutionary Guard has explicitly stated that no oil will pass through the Strait of Hormuz unless Tehran decides otherwise, reinforcing fears of supply disruptions.

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