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Recap - Crude surges as Saudi Arabia comes under attack and Iran blockade returns

Crude built gains through the session and surged into the close as the conflict widened on multiple fronts at once, with the reinstated blockade compounding fears already stirred by direct attacks on Saudi territory. The scale of the single day move, the largest for both benchmarks in weeks, points to a market pricing in a real risk of sustained disruption…

Bullish · Crude Oil investinglive Mon, 13 Jul 2026 21:05:00 UTC

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