WTI Crude Oil futures rallied to a two-week high, breaking the 104.45 mark as upward price momentum continued through the end of the week. Geopolitical factors remained a primary driver of market action, with ongoing uncertainty surrounding shipping operations in the Strait of Hormuz and broader Middle East tensions contributing to the sustained support above the 100 level. In addition to regional supply chain logistics, global market participants continued to monitor recent negotiations between China and the U.S. Over the past six trading sessions, WTI Crude Oil futures climbed approximately 10%, rising from just under 95 to nearly 105, as global crude products broadly maintained positions near the top of their recent trading ranges.
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