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Oil Prices Surge Past $96 as Hormuz Tanker Traffic Slumps Amid Escalation

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

News Summary

  • Strait of Hormuz tanker traffic plummeted well below averages following military strikes by Iran and the U.S.
  • Supply disruption risks pushed Brent crude above $96 and WTI above $90 per barrel, heightening geopolitical tensions in the Persian Gulf.
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104.61 +64.07% over the displayed period

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