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Posted by
Two Blokes Jun 23 -
Filed in
Stock
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Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry watchers, predicting oil at $100 a barrel if the Strait of Hormuz is closed. MST Marquee's Saul Kavonic portends an "oil price shock" similar to levels seen in 2022 following Russia's invasion of Ukraine.
