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Oil prices edged higher as investors parsed fresh signals from U.S.-Iran negotiations, with uncertainty over a potential de-escalation keeping markets on edge.
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In its latest offer delivered on Sunday, Iran proposed opening the key waterway to shipping traffic and lifting the U.S. blockade, while postponing the thornier nuclear issue until later.
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The 141m-long vessel, linked to a close ally of Russian President Vladimir Putin, cleared the waterway despite an ongoing blockade.
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The U.S. Central Command said the USS Frank Peterson and USS Michael Murphy transited the Strait of Hormuz.
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