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strikeJul 23, 2026

RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak

Summary

RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude futures rose nearly 5% to the mid-$98-a-barrel range after tanker attacks near the Bab el-Mandeb Strait threatened another critical maritime chokepoint as the Strait of Hormuz remained partially…

Source: Tyler Durden — Read the full report

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  • Tyler DurdenBy Tyler Durden

    RBC Commodities Chief Warns "War Entering Dangerous Phase" As Chokepoint Chaos Risks Oil Above 2008 Peak Brent crude futures rose nearly 5% to the mid-$98-a-barrel range after tanker attacks near the Bab el-Mandeb Strait threatened another critical maritime chokepoin…

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