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Oil prices bounce back 3% as Iran war halts supply

Oil prices rose around 3% on Tuesday, ​clawing back some of the previous session’s losses on renewed supply fears, with the Strait ‌of Hormuz largely shut and U.S. allies rejecting calls to deploy warships to escort tankers through the key chokepoint. Brent futures jumped $3.07, or 3.1%, to $103.28 a barrel by 0734 GMT, while U.S. West!-->!-->!-->!-->!-->…

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