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geopoliticsbullishWTIPublished Jul 27, 2026, 2:00 PM

Ongoing US-Iran tensions and Houthi threats support oil near-term

Ongoing US-Iran tensions and Houthi threats support oil near-term
Fresh attacks and blockade risks in the Middle East, including Strait of Hormuz incidents, have kept oil prices elevated despite recent pauses. Defense stocks and safe-haven assets saw supportive flows.

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