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Market Impact: 0.6
Oil Prices Surge As Hormuz War Escalates
Source: Nasdaq
Geopolitics & WarEnergy Markets & PricesTrade Policy & Supply Chain
Oil prices jumped sharply on Monday as Washington–Tehran tensions escalated, increasing fears of supply disruptions via the Strait of Hormuz. The risk of constrained crude flows raises near-term downside risk to energy-sensitive equities and supports higher inflation expectations via energy.
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