WTI Crude Surges 4.76% to $74.806/Barrel, Brent Rises 4.81% on July 13

According to Guru Club, on July 13, WTI crude futures surged 4.76% to $74.806 per barrel, while Brent crude rose 4.81% to $79.668 per barrel.

U.S. President Trump stated that the Strait of Hormuz remains open regardless of Iran's involvement and that the United States will pursue renewed sanctions against Iran.

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