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Oil jumps as no Hormuz deal is in sight
The report says oil surged despite the absence of a Hormuz agreement, underscoring ongoing supply concerns.
Oil prices rose sharply as there was no deal in sight over the Strait of Hormuz, according to WSJ Markets.
Separately, the same update pointed to a major deal involving Nvidia and mentioned Intel’s share sale, highlighting deal and corporate capital-market activity alongside the oil move.
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WSJ MarketsOil Surges With No Hormuz Deal in Sight