ENTITY Marshall Adkins

Marshall Adkins

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COMMENTARY · CL_138110 · Jul 12 · 07:13

Oil prices poised to surge as Strait of Hormuz tensions reignite

Crude oil prices have stabilized below $70 per barrel as markets believed the conflict in the Strait of Hormuz was over, but this situation is unlikely to last. Significant global petroleum reserves have been depleted, …