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7.5

WTI Rises 2.11% to $94.36 After US Rejects Iran Strait of Hormuz Proposal

US rejection of a proposed seven-day agreement with Iran to reopen the Strait of Hormuz pushed WTI crude up 2.11% to $94.36. The rejection signals continued risk of supply disruption through a critical chokepoint, though the proposal's details and Iran's next steps remain unclear. The price move reflects market pricing of elevated geopolitical risk in the Gulf.

Proceso Digitalabout 5 hours agoUS, IRCredibility 16%View source

Score Breakdown

Mosaic Score7.5
Model confidence0.5
Significance0.8
Source credibility0.2

Intelligence Tags

#oil#strait of hormuz#us-iran#geopolitical risk#supply disruption

Locations

Strait of Hormuz

Entities

countrycountrymarketregion
Source

Related signals

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