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2026-05-26 21:35:24
[US-Iran Military Strikes and Retaliation Threats Regain Upward Momentum in Oil Prices, Further Delaying Peace Prospects] ⑴ Following the US strikes on Iranian ships and missile launchers, crude oil futures are recovering from yesterday's plunge, despite ongoing negotiations, as Iran has issued threats of retaliation. ⑵ Spartan Capital analysts noted in a research report that oil prices are regaining upward momentum. Although some ships continue to transit the Strait of Hormuz to transport millions of barrels of crude oil to their destinations, the ongoing war of words surrounding a potential peace agreement is further delaying the prospect of a swift resolution to the war.
