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Oil Surge Sparks Market Shifts | Wilmington News
Published 15 hours ago
Description
Oil surges as Iran tightens Strait of Hormuz grip, pushing Brent to $84.68 and U.S. crude to $79.30 — while markets brace for inflation data and watch tech stocks rally on hopes the Fed may pause rate hikes. Energy giants soar, travel stocks sink, and analysts debate Iran’s real motives behind the blockade threats.
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