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Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
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President Trump calls the Iran blockade unbelievably effective as U.S. forces seize ships carrying oil worth millions, sending a message to Russia and China.
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Iran threatens retaliation after Trump says U.S. will guide ships in Strait of Hormuz washingtonpost.comLive updates: Iran war, Trump says US to start guiding ships through Strait of Hormuz CNNTrump says U.S. Navy will escort ships out of the Strait of Hormuz from Monday AxiosOil prices mixed in choppy trade as Trump plans to 'free' ships stranded due to Mideast conflict CNBC
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Trump says US to 'guide' stranded ships through Strait of Hormuz BBCLive updates: US to start guiding ships through Strait of Hormuz CNNTrump says the US will 'guide' stranded ships from the Strait of Hormuz NPRCNBC Daily Open: Trump's Hormuz gambit lands with a whimper CNBC
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Now California must figure out how to replace some 200,000 barrels of oil a day that will no longer be arriving from the Persian Gulf.
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