US begins Iran port blockade, oil prices ease on hopes for dialogue

The Straits Times The Straits Times —

WASHINGTON/DUBAI, April 14 - The U.S. military began a blockade of Iran's ports, angering Tehran and adding uncertainty around the crucial waterway, although hopes for dialogue to end the war provided some relief to oil markets nL1N40W14D where benchmark prices fell below $100 on Tuesday.

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