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WTI Crude Surges Past $90 as Escalating US-Iran Strikes Threaten Oil Supply

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The Story

News Summary

  • Crude oil rose above $90.50 per barrel, hitting a six-week high amid escalating military clashes between the US and Iran.
  • Growing threats of Middle East supply disruptions and reduced tanker traffic through the Strait of Hormuz continue to provide strong upward momentum.
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Stored market data

WTI price history

101.89 +71.42% over the displayed period

Advisor Snapshot

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