Oil nudged higher following attacks on shipping in and around the Strait of Hormuz, pointing to continued risks to vessels in the critical waterway, according to Bloomberg.
Tom Kloza, chief energy adviser for Gulf Oil, said US President Donald Trump has been successful in talking down the oil markets and discussed how prices are reacting to the recent uptick in attacks in the Strait of Hormuz.
Trump Has Talked Down Oil Markets, Gulf Oil’s Kloza Says
2026-07-07 19:05:28
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