Crude oil costs fell round 7% on Monday, after Iran stated it had launched a missile assault on a US base in Qatar. Traders seem to take the retaliatory motion as being restricted, following days of uncertainty over whether or not Tehran would shut the Strait of Hormuz. Donald Trump later stated Iran had given the US superior discover of the assault. Earlier, Washington additionally known as on China to stress Tehran to not shut the very important waterway.
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Oil costs fall sharply after Iran strikes US base in Qatar
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