Oil prices rise as Iran, proxies lash out - Oil & Gas Journal

Source: Oil & Gas Journal

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DW NOTE

Iran has kept the Strait of Hormuz closed for 230 days. Brent is at $109 and WTI at $99, both up more than 70% year-over-year. Every "lash out" headline at this point is theater — the supply shock happened in February and oil markets priced it in months ago.

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