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72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage

72 Ships Transited Hormuz In A Day: US Energy Secretary Says 'Taking Away' Iran's Key Leverage WTI futures briefly fell below $70 a barrel for the first time since the US-Iran conflict erupted, as tanker flows through the Strait of Hormuz are showing further signs of normalization and physical market tightness continues to ease. Bloomberg noted that option markets are positioning for ongoing normalization. Put volume is exceeding calls, with some of the heaviest trading in August and September expiries between $60 and $68. The September $60 strike put is one...
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Oct 31, 2026 / Tyler Durden
Europe's Riots Are The Bill Coming Due For Socialism And Globalism
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Apr 20, 2026 / Tyler Durden
Giant Data Center Developer Fermi Crashes 22% After CEO, CFO Abruptly Quit
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Jun 24, 2026 / Tyler Durden
Mamdani-Backed Candidates Win New York House Primaries
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