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geopoliticsbullishWTIPublished Jul 5, 2026, 6:56 AM

Strait of Hormuz Tensions Drive Oil Price Swings

Strait of Hormuz Tensions Drive Oil Price Swings
Iran conducted live fire exercises temporarily closing the Strait of Hormuz, through which 20% of global oil passes, amid ongoing war with US and Israel, sending crude prices hovering around $100 per barrel.

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