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Oil prices surge on Trump's blockade vow, failed U.S.-Iran talks

The surge undoes a large amount of the drop that followed last week's temporary ceasefire deal.

BUSINESS NEWS April 12, 2026

Oil prices surge on Trump's blockade vow, failed U.S.-Iran talks

The surge undoes a large amount of the drop that followed last week's temporary ceasefire deal.

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The surge undoes a large amount of the drop that followed last week's temporary ceasefire deal.

Author: Axios

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