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Hormuz Geopolitical Risk Drives $40-Plus Price Divergence in Global Crude

Hormuz Geopolitical Risk Drives $40-Plus Price Divergence in Global Crude
Ojas Narappanawar · pexels

The current geopolitical climate in the Persian Gulf has created a stark bifurcation in global energy markets. As hostilities between the United States, Israel, and Iran persist, a deep chasm has emerged between the valuation of Brent crude and domestic…