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Crude and Energy Stocks Climb as Hormuz Geopolitical Risks Flare

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Energy stocks and crude benchmarks rose on Tuesday amid geopolitical tensions surrounding the Strait of Hormuz after Iran-US talks stalled.
  • WTI and Brent crude advanced, alongside positive sector momentum and ExxonMobil's new 20-year midstream agreement with Targa Resources.
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