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Sanctions and strikes keep oil on a path toward $100
A CNBC World note says Washington expects economic pressure to help end its war with Iran, but ongoing strikes raise the near-term supply risk.
CNBC World framed the market backdrop as Washington saying economic pressure is intended to help bring its war with Iran to an end, while strikes continue.
The outlet highlighted that missiles are still flying, even as sanctions are aimed at shifting the conflict.
With that tension, the note pointed to the road toward oil reaching $100.
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