Oil Climbs Again as Hormuz Tensions Persist, While Gold Remains Under Pressure
Oil prices continued their daily advance, trading around $73 per barrel, supported by ongoing geopolitical risks surrounding the Strait of Hormuz. Despite this rebound, crude oil is still trading below its 200-day Moving Average, suggesting that the broader technical trend has yet to turn bullish. What Happened? Concerns over potential disruptions to shipping through the […]
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