π’οΈ Chevron Surges 4.5% as Oil Spikes to $82 on Hormuz Strait Stalemate
U.S. crude jumped roughly 5% to $82.13 a barrel today after Iran-Hormuz strait negotiations hit another wall, lifting energy stocks hard β Chevron led the charge with a 4.48% gain to $194.91. Meanwhile, 10-year Treasury yields climbed 6 basis points to 4.71% in Asia trading as oil reignited inflation fears. A CPI print due later this week could shake up rate expectations all over again. Not financial advice.
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