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Brent Surges Past $95 as Hormuz Disruptions and Iran Strikes Threaten Oil Supply

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The Story

News Summary

  • Brent crude climbed above $95.50 as Iranian strikes against Gulf targets halved tanker traffic through the critical Strait of Hormuz.
  • Shipping operators warned that maritime transit disruptions will persist into next year alongside regional refinery outages.
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Stored market data

BRENT price history

109.11 +70.14% over the displayed period

Advisor Snapshot

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