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Crude Oil Prices Climb Following Military Confrontation in Strait of Hormuz

Blocknomi Published 08.05.2026 09:36

TLDR Brent crude futures climbed 0.5% to reach $100.51 per barrel on Friday; WTI advanced 0.4% to $95.19 Military confrontation occurred between U.S. and Iranian forces in the Strait of…

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