Watchdog on Wall Street with Chris Markowski podcast

Oil Spikes as Gulf Crisis Disrupts Supply — Russia Benefits

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Oil prices are climbing as tanker traffic through the Strait of Hormuz drops nearly 95%, forcing refineries to shut down and raising fears of a global economic shock. Experts warn crude could surge toward $150 a barrel if Gulf exports halt. Despite sanctions, Russia may emerge as a major winner by selling oil to countries like India while global energy prices soar.

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