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WTI crude oil has reclaimed the $80 level for the first time since late June as geopolitical tensions in the Middle East intensify.
A reported 60% drop in shipping through the Strait of Hormuz is raising fresh concerns over global energy supply, adding bullish pressure to oil prices.
If disruptions continue, expect increased volatility across commodities, inflation-sensitive assets, and global financial markets. Risk management matters more than ever.
#Oil #WTI #Markets #Trading #Geopolitics