Geopolitical··severity 8
Oil Price Today (July 8): Crude oil tops 5% in two days as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?
Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a barrel. Both benchmarks had already advanced about 3% on Tuesday after the United States withdrew the general licence that had allowed the sale of Iranian crude following the vessel attacks.
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Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.
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66%Эскалация
Forecast derived from cascade analysis. Watch confirmation indicators below.
Первичный источник: Economic Times
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