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<Commodity> Trump Threatens Blockade on Iran, Brent Oil Closes Up 6%
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US President Donald Trump stated that until Iran agrees to reach a nuclear deal, he will continue to impose a US maritime blockade on Iran, sending oil prices sharply higher by 6% on Wednesday.

Brent oil futures for June delivery rose 6% to USD118. New York oil futures for June delivery gained 7% to USD107. (me/s)

Related NewsPPI YoY for Apr in United States is 6.0%, higher than the previous value of 4.3%. The forecast was 4.9%.
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