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Brent Crude Surges Toward $87 as Hormuz Crisis Deepens

Oilprice.com Read original source (opens in a new tab)
The Story

News Summary

  • Escalating Hormuz Strait tensions, near-zero Iranian oil loadings, and renewed Houthi/Red Sea attacks are driving Brent toward $87 with risk of a run to $100, signaling a bullish supply-shock outlook for crude oil.
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BRENT price history

108.50 +67.13% over the displayed period

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