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Oil prices rise as Iran deploys new tactics to target ships transiting Hormuz

Source: The Globe and Mail

Geopolitics & WarEnergy Markets & PricesTransportation & Logistics

Oil prices climbed Wednesday after two vessels were struck in the Strait of Hormuz. Iranian officials told Reuters that Iran was deploying new tactics to target ships, while the article says Tehran seeks to keep oil prices high and influence the U.S. midterm elections.

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