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Market Analysis: August 17, 2026 | StockCram
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Oil Spikes Above $100 on Blockade | StockCram — Market Analysis
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Oil Spikes Above $100 on Blockade | StockCram
StockCram Editorial4 min readTrump's naval blockade shatters Middle East peace hopes, sending oil above $100 and futures tumbling. Markets reverse last week's rally as geopolitical tensions escalate.
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- •U.S. stock futures tumbled Monday after President Trump ordered a blockade of the Strait of Hormuz f...
- •The renewed energy crisis threatens to reignite inflation and force the Federal Reserve to keep inte...
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