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Brent crude tops $120 as Hormuz closure cuts supply, no path to $160 WTI

Posted On April 23, 2026

The Hormuz closure highlights vulnerabilities in global oil supply chains, but market stability suggests limited long-term price escalation.

The post Brent crude tops $120 as Hormuz closure cuts supply, no path to $160 WTI appeared first on Crypto Briefing.

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