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WTI and Brent Surge Following False Reports of US Warship Attack in Hormuz

The prices of the two most relevant oil benchmark futures shot up after reports indicated that a U.S. warship was recently struck by the IRGC, reigniting the hostilities in the Strait of Hormuz. Nonetheless, U.S. officia...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

WTI and Brent Surge Following False Reports of US Warship Attack in Hormuz
The prices of the two most relevant oil benchmark futures shot up after reports indicated that a U.S. warship was recently struck by the IRGC, reigniting the hostilities in the Strait of Hormuz. Nonetheless, U.S. officials have denied these reports. Key Takeaways: CENTCOM denied reports of 2 IRGC missiles striking a U.S. ship during Trump’s […]

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