Oil Futures Recover on May 26 After Iran Retaliatory Threats Following U.S. Strikes

GateNews
According to Jin10, crude oil futures recovered on May 26 after plunging overnight following U.S. military strikes on Iranian vessels and missile launchers. Peter Cardillo, analyst at Spartan Capital, noted that oil prices are regaining upward momentum. Iran has issued retaliatory threats despite ongoing diplomatic negotiations. Shipments of millions of barrels continue transiting the Strait of Hormuz toward their destinations.
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