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strikeJun 11, 2026

Crude oil prices rally after Iran closes Strait of Hormuz following US strikes; Brent oil near $95 a barrel | Stock Market News

Summary

Crude oil prices rally after Iran closes Strait of Hormuz following US strikes; Brent oil near $95 a barrel | Stock Market News

Source: currentsapi — Read the full report

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  • currentsapi(Mixed)By Ankit Gohel

    Crude oil prices rallied on Thursday after the US launched additional strikes against Iran, and the Islamic Republic declared the critical energy chokepoint, the Strait of Hormuz, closed. Brent futures gained 1.57% to $94.56 a barrel, while US West Texas Intermediate (WTI) crude …

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