Futures Morning Report: International crude oil surges over 10%!
Iran's new leader says he may block the Strait of Hormuz

Futures Morning Report: Iran’s new leader says he may block the Strait of Hormuz, the U.S. military is considering deploying naval forces to escort oil tankers, and the IEA significantly cuts its forecast for oil supply growth. Overnight, international crude oil surged over 10%.

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