Episode Details

Oil prices surge as Iran-US tensions escalate, stranding tankers in the Strait of Hormuz. U.S. benchmark crude jumps 5.6% to $87.20 a barrel, while Brent crude rises 5.3% to $95.16. Markets initially rallied on Irans announcement to reopen the strait, but plunged when the standoff persisted. Trump confirms Navy seizing Iranian cargo ship, setting stage for more market volatility as ceasefire expires.

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