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Brent at $94.57 as Hormuz Freezes – TON BOT

Brent at $94.57 as Hormuz Freezes

Brent crude oil price rose to $94.57 per barrel, up over 5% from Friday, due to zero tanker crossings in the Strait of Hormuz. WTI crude also rebounded from a 9% drop. The market remains disrupted, with tensions affecting oil prices and global growth assumptions. Energy inflation affects Bitcoin demand.


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