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Trump says ‘US will pretty soon declare Hormuz its territory’ as Iran conflict drives up fuel costs

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US President Donald Trump speaks to the press as he departs the White House in Washington, DC, on November 20, 2018.— AFP

About 20% of global oil, LNG shipments pass through waterway.Oil prices rose this week, with Brent crude nearing $90 a barrel.Rising fuel costs could hurt…

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