Due to rising tension in the Straits of Hormuz and new U.S. Sanctions in response to Iran’s shooting down of an American Drone, Oil prices are up 82 cents. The price is also impacted by an outage at a major oil refinery on the East Coast.
Read more at: https://www.cnbc.com/2019/06/26/oil-market-us-iran-tensions-us-crude-stockpiles-in-focus.html
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