Iran war keeps oil prices high
Islam
The price of crude oil futures crossed the $100 a barrel mark again on foreign markets yesterday after Iran's new leader declared that the Strait of Hormuz would remain closed and after other attacks on ships in the Gulf spooked energy traders. In a statement broadcast by Iranian state television, Mojtaba Khamenei warned that the strait would remain closed as a "tool of pressure," CNN reports. The message from the new supreme leader of the Islamic republic - the son of former leader Ali
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