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Susan Li: Brent oil on track for record monthly gain after major supply shock
Brent oil prices are set to achieve a record monthly gain, marking one month since what Susan Li describes as the biggest oil supply shock in history.
The milestone follows a significant disruption in oil supplies, as highlighted by Susan Li. The context relates to heightened geopolitical tensions reflected in the hashtag referencing the Iran war.
Earlier this month, Susan Li reported that WTI oil prices climbed above $100 for the first time since July 2022 as U.S. equity index futures declined over 1.5 percent. In a separate development, she confirmed the DOJ and FCC approved the merger of Tegna and Nexstar, forming the largest owner of U.S. local TV stations. These updates highlight ongoing shifts in both energy and corporate sectors this month.
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