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Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade - CNBC

Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade - CNBC

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

Oil prices remain below their recent peaks even as prospects for a quick reopening of the Strait of Hormuz fade, a disconnect analysts warn may not last. Brent crude futures ended last week down morโ€ฆ [+3813 chars]

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