ReferIndia News Oil holds weekly gain as Trump says Iran blockade is working

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Oil holds weekly gain as Trump says Iran blockade is working

Published on: May 1, 2026, 11:14 a.m. | Source: Moneycontrol

Oil has soared more than a quarter over the past two weeks as the deadlock in negotiations extends the near-total closure of the crucial waterway, which before the war carried about a fifth of the world’s crude.

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