News Analysis
Iranian threats to push the price of oil above $100, perhaps by blocking the Strait of Hormuz, are not credible, according to industry analysts.
Analysts Discount Iranian Threat of $100 Per Barrel Oil
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In this file photo handed out by the U.S. Navy sailors man a .50-caliber machine gun onboard the USS Kitty Hawk in the Strait of Hormuz. U.S. Navy/Photographer's Mate 3rd Class Todd Frantom/Getty Images
By Joan Chang
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