Iran launches missiles at U.S. warships; U.S. crude oil spikes over 4% in short-term rally

International oil prices widen gains, WTI crude oil futures up 4.43%, at $106.455 per barrel; Brent crude oil futures up 5.05%, at $113.637 per barrel. On the news front, a U.S. military ship today ignored Iran’s warnings, attempting to approach and enter the Strait of Hormuz. Iran launched two missiles at it. The ship turned around and headed back.

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