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By Rodrigo Santos Andrade
Oil surges – so why aren’t traders panicking? | Morning Bid
visibility comment0 event July 13, 2026 timer 06:46
Oil prices surge but traders aren’t panicking yet as U.S.-Iran strikes escalate and Iran claims the Strait of Hormuz is closed – even as U.S. Central Command says around 20 ships got through in the last 24 hours. Meanwhile, June CPI data drops Tuesday and big bank earnings kick off a week that will test soaring tech valuations.
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