Markets22 October 2026
Oil markets remain volatile as Hormuz closure and Iran war disrupt global supply flows
via CNBC
Oil and LNG prices stay elevated despite pullbacks from wartime highs as Strait of Hormuz remains effectively closed, blocking 20% of global oil and gas shipments. Physical supply disruptions persist even as paper prices fall on Trump's de-escalation rhetoric. Traders face continued volatility as war drags on with no clear end.
Original source
CNBC
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