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Published 1 hour ago

Brent Crude Surges Past $106 Amid Intensified Iran Tanker Attacks

Brent Crude Surges Past $106 Amid Intensified Iran Tanker Attacks
İrfan Simsar · pexels

The oil market is exhibiting signs of significant tightening, with Brent crude prices climbing back above the $106 mark. This price action is strongly correlated with an intensification of attacks on commercial tankers traversing the Strait of Hormuz, an area…