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Market Impact: 0.68
Global Supply Risks Underpin Crude Oil Prices
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
November WTI crude rose $2.28, or 2.52%, while November RBOB gasoline gained $0.1014, or 3.11%. Prices climbed as U.S.-Iran talks to end the war remained deadlocked, leaving the Strait of Hormuz not fully operational and sustaining supply-disruption risk.
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