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Hormuz Tanker Strike Adds Fresh Risk Premium to Oil

2 hours ago
1 min read

Energy markets

 

A British navy shipping center said a projectile hit a tanker in the Strait of Hormuz.

Energy desks were already pricing the Iran conflict. Even a short halt in the strait can move fuel futures.

Insurers typically raise war-risk premiums after confirmed strikes.

 
 
 

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