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Oil Holds Gain as Traders Weigh Hormuz Flows After Ship Attack

Oil held the bulk of a gain after a cargo ship was attacked in the Strait of Hormuz, renewing concerns about safe passage through the crucial waterway following a recent uptick in transits.

This article was originally published by Bloomberg Markets and is republished here under license.

Oil held the bulk of a gain after a cargo ship was attacked in the Strait of Hormuz, renewing concerns about safe passage through the crucial waterway following a recent uptick in transits.

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