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Market Check: Unstable Markets As Oil Just Doesn't Want To Retreat - Back To $96

By Seeking Alpha March 13, 2026 Bearish
Market Check: Unstable Markets As Oil Just Doesn't Want To Retreat - Back To $96
As more and more tankers were attacked near the Strait of Hormuz throughout the week, crude broke out of its temporary ~$80 range. Today could have somewhat eased the pressure, but the petrol bulls came right back to fuel the commodity.
As more and more tankers were attacked near the Strait of Hormuz throughout the week, crude broke out of its temporary ~$80 range. Today could have somewhat eased the pressure, but the petrol bulls came right back to fuel the commodity.