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Hormuz Stalemate Could Push Oil Towards $120

EnergyPremium

High 7/10Crude Oil Energy Markets

Hormuz Stalemate Could Push Oil Towards $120

Ongoing tensions and disruptions in the Strait of Hormuz are creating volatility in oil prices. Traders are weighing the risk of further supply shocks against potential diplomatic resolutions.

August 13, 2026Published now