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Oil Holds $100+ as Middle East Tensions Balance Fed Rate Risk

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Oil markets remain volatile amid Middle East tensions and Strait of Hormuz closure.
  • Analysts expect Brent to hold above $100/bbl, balancing geopolitical risks against potential Fed rate hikes that could weaken demand.
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WTI price history

100.52 +65.82% over the displayed period

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