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WSJ Al Mayadeen Sputnik Times of Israel WTI crude oil futures eased toward $73.8 per barrel on Tuesday, paring massive gains as President Trump’s pledge to provide naval escorts for tankers in the Strait of Hormuz calmed immediate supply panic. While prices surged over 8% earlier in the session following drone strikes on Saudi Arabia’s Ras Tanura refinery and fires at the UAE hub in Fujairah, the military commitment to ensure the free flow of energy triggered a sharp reversal from daily peaks.
IRAN WAR STRATEGY EXPLAINED! President Donald Trump said the US will provide insurance guarantees and naval escorts to ensure safe passage for oil tankers and other vessels through the Strait of Hormuz, aiming to head off a potential energy crisis caused by the war with Iran,” Bloomberg reports. | PW
Debt Rattle How Iran Can Defeat Donald Trump | John Ask an academic to explain what they get paid to do, and who pays them to do it.
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