Markets18 October 2026
Strait of Hormuz and Red Sea oil route pressures deepen supply risks
via Investing.com
Both the Strait of Hormuz and Red Sea shipping routes face mounting pressure, amplifying oil supply risks. Traders reacted swiftly as geopolitical headlines outweighed US inventory data showing crude builds. Markets face crude availability but refined product shortages, with weekly EIA reports key.
Original source
Investing.com
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