Crude Oil Surges to $70 as Tanker Attacks, U.S.-Iran Military Tensions Escalate Over Weekend

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According to Jin10, crude oil prices surged over the weekend (June 29) as tanker attacks near the Strait and renewed U.S.-Iran military tensions triggered fresh market concerns. Despite a temporary pause in military operations between the U.S. and Iran, WTI crude oil hovered around $70 per barrel on weakness.
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