Crude oil runs to a new session low

Crude oil futures have reversed sharply lower, trading back below the $72.00 level at $71.91, down $1.62 (-2.08%) on the day. Despite another round of heightened geopolitical tensions in the Middle East—including U.S. strikes on Iran and Iranian warnings that oil and gas infrastructure in Saudi Arabia, Kuwait, the UAE, Qatar, Jordan, and Bahrain could becom…

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