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Crude Prices Rebound as Iran Ramps Up Ship Attacks in Hormuz

Source: Nasdaq

Energy Markets & PricesGeopolitics & WarCommodity Futures

November WTI crude settled up $0.01 (0.01%), while November RBOB gasoline rose $0.0270 (0.83%) on Tuesday, erasing early losses. The article attributes the rebound to short covering after reports that Iran had ramped up attacks on tankers; the provided text gives no further details.

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