Shortly after US President Donald Trump extended the ceasefire, Iran seized two vessels in the Strait of Hormuz that were attempting to pass through "without authorization", sending oil prices higher on Wednesday.Brent crude oil futures for June delivery rose USD3.4, or 3.5%, to USD101.88. New York crude oil futures for June delivery increased USD3.6, or 4%, to USD93.27.Related NewsReport: Bezos-Founded AI Startup Project Prometheus Nears USD10B Funding Round(me/t)
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