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Analysts see oil at $100/bbl amid Hormuz disruption

sanctions_shadow_enforcement UTC: 2026-03-08 22:00:30

Crude oil market analysts have warned that the ongoing disruption to oil flows through the Strait of Hormuz could send prices up to $100/bbl. Brent crude’s price has moved closer to $85/bbl after the US and Israeli forces struck Iran in a joint military confrontation last week...

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