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Analysts See $100 Oil on Strait of Hormuz Disruption

sanctions_shadow_enforcement UTC: 2026-03-02 06:22:08

Following the escalation of the conflict in the Middle East, energy analysts and investment banks expect oil prices to surge this week to $90 with chances of hitting $100 per barrel if disruptions to traffic in the crucial Strait of Hormuz persist. Early on Monday in Asian tra...

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