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Iran's New Threats

Mon 02 Jul 12 | 01:20 PM ET
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Iran's New Threats

Mon 02 Jul 12 | 01:20 PM ET
Iran's National Security and Foreign Policy Committee is drafting a bill that threatens to cut off shipping through the Strait of Hormuz, with CNBC's Sharon Epperson. Oil is still down on the day as weaker U.S. economic data appears to trump the Iranian threat.
 
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