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Crude Oil Prices Rally on Report that Persian Gulf Is on Notice for US Military Attack on Iran

Source: Nasdaq

Energy Markets & PricesGeopolitics & WarCommodity Futures

December WTI crude rose 2.92, or 2.92%, while December RBOB gasoline gained 0.0289, or 0.94%. The article attributes the move in WTI to a Wall Street Journal report that the US told several Persian Gulf countries to prepare for an unspecified development; the excerpt does not say what they were told to prepare for.

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