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WTI climbs above $99.00 as Middle East tensions escalate, Trump threatens Iran over Strait of Hormuz

WTI climbs above $99.00 as Middle East tensions escalate, Trump threatens Iran over Strait of Hormuz

AI Briefing

  • WTI oil price surges above $99.00 amidst Middle East tensions
  • Trump threatens Iran over Strait of Hormuz
  • Market reaction to conflict in the Middle East drives oil price up
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