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Market Impact: 0.78
Oil Just Broke $100 a Barrel. Is a Fed Rate Hike Now Guaranteed Next Week?
Source: 247wallst.com
Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsTransportation & Logistics
Brent crude rose above $100 per barrel after U.S. forces struck oil tankers linked to Iran's Islamic Revolutionary Guard Corps near the Strait of Hormuz. The incident raises the risk of disruption to a critical global oil-shipping chokepoint, potentially driving broader energy-price inflation and risk-off market positioning.
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