Energy

WTI Oil Back At $90 as U.S. Launches More Strikes Against Iran - WSJ

Source: WSJ

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DW NOTE

The ceasefire didn't reopen the Strait; it just stopped the shooting while the mines stayed put. U.S. mine-clearing was supposed to take six months from late April — meaning October at earliest. Now strikes resume and WTI is back at $90, which tells you the ceasefire was a scheduling problem, not a resolution.

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