GeneralBearishBlockonomi · 3h ago🔥 8/10
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Crude Oil Volatility Intensifies as US Retaliates Against Iran Near Hormuz Strait
Oil prices experienced sharp volatility on Friday, initially dropping 4% amid escalating tensions near the Hormuz Strait, before recovering following US military retaliation against Iranian sites in response to a drone attack on a commercial vessel. The incident highlights geopolitical risks that continue to pressure energy markets and create unpredictable trading conditions.