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U.S. and Brent crude oil futures rise by $1 in the short term, with Trump stating he has ordered the sinking of any ships laying mines in the Strait of Hormuz.
Odaily Planet Daily News reports that, according to Gate Data, U.S. and Brent crude oil prices rose by $1 in the short term. Trump stated that he has ordered the Navy to sink any ships laying mines in the Strait of Hormuz, and all 159 Iranian naval vessels have sunk to the seabed.