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S8/10Geopolitical
Brent Oil Climbs Toward $100 With Hormuz Constrained
Brent oil approached $100 a barrel after Saudi Arabia said operations at several energy facilities in the kingdom’s south were halted by attacks.
Oil trader Vitol Group estimated that oil flows through the Strait of Hormuz are about half of pre-war levels, but added that an exact figure is hard to quantify. Bloomberg's Will Kennedy has the latest.
(Source: Bloomberg)
Source: Bloomberg MarketsOriginal source
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