Oil ETFs rise as Hormuz tensions lift crude
BNO, XLE, XOP and USO were higher pre-market Tuesday as Brent briefly approached $100 a barrel and tanker flows through the Strait of Hormuz stayed below normal.
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Oil tops $85 as Hormuz disruption lifts energy ETFs
U.S. crude rises above $85 a barrel as Strait of Hormuz disruption keeps oil logistics under strain, with USO, XOP and OIH each in the green year to date.