Oil tops $85 as Hormuz disruption lifts energy ETFs
U.S. crude rises above $85 a barrel as Strait of Hormuz disruption keeps oil logistics under strain, with USO, XOP and OIH each in the green year to date.
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Iran says Hormuz Strait will remain closed until US meets interim deal conditions
State media quotes Iran's top negotiator Qalibaf saying the Hormuz Strait will remain closed until the US meets interim deal conditions.