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Oil Prices Whipsaw on Hormuz Tensions Before Retreating: What Traders Should Watch

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Oil spiked on Strait of Hormuz tensions before retreating as traders doubted actual supply disruption.
  • Natural gas strengthens on AI-driven demand while investment flows into LNG, infrastructure, and long-life energy assets amid ongoing geopolitical volatility.
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BRENT price history

98.40 +53.61% over the displayed period

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