Energy
Brent and WTI surge 8–11% weekly as Hormuz tightens
Hormuz closure drove Brent to $108 and WTI to $106 on May 16—a weekly gain of 8–11%. IEA warns supply shortfalls extend into October.
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Hormuz closure drove Brent to $108 and WTI to $106 on May 16—a weekly gain of 8–11%. IEA warns supply shortfalls extend into October.
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