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

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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