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progree

(12,977 posts)

2. Oil Resumes Advance on Concern Middle East War May Escalate, Bloomberg 3/23 1036 PM EDT

Reply to Wicked Blue (Original post)

Mon Mar 23, 2026, 11:33 PM

Mar 23

https://finance.yahoo.com/sectors/energy/articles/oil-holds-hefty-drop-trump-232733718.html

Oil rose after a steep drop on Monday on concern other nations may join the Middle East war, and as an Iranian lawmaker ruled out talks with the US.

Brent climbed toward $104 a barrel, after plunging 11% on Monday as President Donald Trump delayed a threat to strike Iran’s energy infrastructure for five days, claiming there were talks with Tehran. Iran denied negotiations were taking place, while Israel kept up attacks. US crude benchmark West Texas Intermediate advanced almost 4%.

...

ranian Deputy Speaker of Parliament Ali Nikzad said the Strait of Hormuz would not be returned to its previous state, and there would be no negotiations with Washington, the semi-official Fars news agency reported.

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Highlight:

Israel launches new strikes on Tehran as Trump pauses Iran energy attacks [View all] Wicked Blue Mar 23 OP

Krasnov pauses committing war crimes and the market rockets up. gab13by13 Mar 23 #1

Oil Resumes Advance on Concern Middle East War May Escalate, Bloomberg 3/23 1036 PM EDT progree Mar 23 #2