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	Int'l Herald Tribune: Oil Price Hits Wartime High Above $120 a Barrel as Iran War Standoff Continues

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MSNBC Int'l News

Apr 30, 2026

Iran warns Trump's blockade is 'doomed to fail' as energy prices soar to 4-year high

Iran warned President Trump's naval blockade was "doomed to fail" as oil prices soared to their highest point in years with the standoff over the Strait of Hormuz wreaking havoc on the global economy.

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