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Oil Rallies as Conflict Over Hormuz Escalates With Fresh Strikes

Source: bloombergMarkets July 13, 2026 · 07:45
Oil gained after the US carried out another wave of strikes against Iran, with the two sides disputing whether the Strait of Hormuz was open. Ed Morse, Senior Advisor and Commodity Strategist at Hartree Partners, discusses what's next for energy markets amid uncertainty in the Strait of Hormuz. (Source: Bloomberg)
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