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Galaxy Futures: The US attacked Iran again on the second day, and oil prices kept rising

2026-07-17 17:54:03

The United States again launched attacks on Iran. Trump said the interim peace agreement has ended, intensifying market concerns about oil supply in the region. In response, Iran threatened to shut down the Strait of Hormuz. International oil prices continued to surge, but Middle East floating inventory has largely been sold off, and geopolitical premiums are unlikely to stay at their earlier high levels. (Galaxy Futures)

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