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Trump Claims US Controls Strait of Hormuz Amid Tensions

WTI Crude Oil ↑ Strong

Key takeaways

  • WTI Crude Oil: WTI Crude Oil — Strong bullish
  • President Trump asserts US control over the Strait of Hormuz, escalating tensions with Iran as oil prices rise amid stalled negotiations.

Analysis

President Trump asserts US control over the Strait of Hormuz, escalating tensions with Iran as oil prices rise amid stalled negotiations.

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