US Navy escorts through Strait of Hormuz ‘can’t happen now,’ energy secretary says — as Iran touts ‘tool to pressure enemy’
Thursday, March 12th 2026, 5:57:38 pm
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The cost of oil surged Thursday, with Brent crude hovering around $100 per barrel as of midday, after at least seven ships were attacked by Iran in the Strait of Hormuz and Persian Gulf since Wednesday.
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