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Market Impact: 0.65
Latest Oil Market News and Analysis for Sept. 2
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials
Oil rose for a third straight session as fears increased that disruptions to energy flows through the Strait of Hormuz could last longer following an escalation of US–Iran hostilities. The move reflects higher geopolitical risk premia, with energy markets likely to remain sensitive to further developments.
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