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Brent crude climbed to US$91.06 a barrel as trading resumed in Asia following the expiry of a US-Iran ceasefire. While President Donald Trump claimed on Tuesday that the Strait of Hormuz was "open and operating," Iranian officials stated the waterway would remain closed until the US fulfilled the terms of an interim deal. This standoff is a direct threat to Singapore’s energy security and could keep upward pressure on global shipping...
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