Market AnalysisJuly 28 at 06:07 PM

[MARKET UPDATE] crude futures gain with WTI crude up around 2.3% to return above the USD 81/bbl level following reports of explosions in Jordanian airspace and that a US base was potentially targeted by Iranian missiles

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Crude oil saw a volatile 2.3% spike on military reports in Jordan before settling sharply lower as diplomatic talks of an MoU revival calmed supply fears.

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[MARKET UPDATE] crude futures gain with WTI crude up around 2.3% to return above the USD 81/bbl level following reports of explosions in Jordanian airspace and that a US base was potentially targeted by Iranian missiles

What do investors think?

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