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Bloomberg Markets

Oil Analyst McNally Warns Market to Brace for Potential US Escalation

Oil Analyst McNally Warns Market to Brace for Potential US Escalation
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Bob McNally, founder and president at Rapidan Energy Group, says oil markets should fade speculation on a near-term ceasefire in the war in Iran. He explains why there is not a need for the US military to occupy Kharg Island to choke off oil exports from Iran. (Source: Bloomberg)

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