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Vanda Insights Founder Hari Says Oil Prices to Keep Grinding Higher Amid US-Iran Escalation Around Strait of Hormuz
Hari noted that crude futures are not fully reflecting the physical market tightness, pointing to diesel prices near $200 a barrel in Atlantic markets and warning of further scarcity in the coming weeks and months. She added that markets would remain cautious even if the Strait of Hormuz reopened, given doubts over whether any de-escalation would prove sustainable.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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