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Escalating Iran conflict and Strait of Hormuz closure threats have propelled oil prices to new highs, boosting USO +1.27% and XLE +0.33%, while broad equity selloff hits…
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Mar 16
·
3 min read
Iran Strait Fears Ignite Oil Rally, Slam Stocks
Escalating Iran conflict and Strait of Hormuz closure threats have propelled oil prices to new highs, boosting USO +1.27% and XLE +0.33%, while broad…
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