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Macro Finance

Oil Industry Contends With Hormuz Attacks, Hurricane Risk

Bloomberg Markets·October 9, 2026·1 min read

Kpler's Michelle Brouhard said crude prices stay high with freight rates 100 times higher than a year ago amid Hormuz attack risk. She warned Hurricane Isaias could trigger a 'significant hike' in refined product prices if it takes Gulf refinery capacity offline.

Read at Bloomberg Markets
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