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- 1Oil Prices Mixed Amid Signs of Attacks Near Strait of Hormuz●Oil Prices Mixed Amid Signs of Attacks Around Strait of Hormuz, G-7 Release Plan https://www.wsj.com/finance/commodities
Oil prices moved in mixed fashion as traders weighed signs of attacks around the Strait of Hormuz, the key shipping chokepoint for global crude supplies. The G-7 announced plans for a coordinated release of oil reserves aimed at steadying markets. Analysts say the combination of supply-risk fears and intervention plans is keeping prices volatile.