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Oil prices rose about 4% on Wednesday, with Brent crude futures at $94.23 and West Texas Intermediate at $87.46. U.S. Central Command carried out its eleventh consecutive night of strikes on Iranian military sites, including operations centers and logistics infrastructure.
U.S. Secretary of State Marco Rubio said at an ASEAN meeting that the Strait of Hormuz remained a disputed issue, accusing Iran of not engaging seriously in talks.
Location: Iran