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Oil Prices Rise Amid Trump’s Pivot | Durham News
Trump’s surprise move to re-impose a blockade at the Strait of Hormuz and threaten air strikes on Iran sent oil prices surging—until he backed off a controversial 20% cargo protection fee that could’ve spiked prices and clashed with international law. With crude up 38% year-to-date and markets rallying on cooling inflation and strong bank profits, the U.S. pivot toward diplomacy may have averted a bigger energy shock. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based…
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