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News 2026-07-15 18:20 UTC

US Oil Update: Futures Hold Steady After US Intensifies Iran Strikes, Inventory Draw

() -- Crude oil futures were little changed in midday trading on Wednesday as markets weighed a new wave of US military strikes against Iran to limit its ability to strike ships in the Strait of Hormuz against a smaller-than-expected drop in US crude oil inventories. Front-month West Texas Intermediate crude futures ea