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News 2026-07-15 17:00 UTC

WTI Crude Oil futures paused as U.S.-Iran tension escalated.

Phillip Streible discusses WTI Crude Oil futures taking a breather around $80 a barrel after an 11% rally sparked by the collapse of the U.S.-Iran ceasefire. Tensions remain high as the U.S. resumed its blockade on Iranian shipping through the Strait of Hormuz. The weekly EIA report supported the market, showing a crud