U.S. oil jumps more than 7% on report Iran will halt talks with U.S. and completely block Hormuz

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• CNBCLean R·7h ago

  U.S. oil jumps more than 7% on report Iran will halt talks with U.S. and completely block Hormuz

  Oil prices rose on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed Hezbollah group.

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