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WTI Crude Surges Above $88 as US-Iran Clashes Threaten Strait of Hormuz

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The Story

News Summary

  • Crude oil jumped above $88 per barrel as direct military clashes between the US and Iran escalated near the Strait of Hormuz.
  • Missile strikes and projectile attacks on supertankers have amplified concerns over critical energy supply disruptions across the Persian Gulf.
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Stored market data

WTI price history

101.20 +70.49% over the displayed period

Advisor Snapshot

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