US Navy vessels have pulled back to a distance of 500 kilometers from the Strait of Hormuz, according to an IRGC spokesperson.

Observed price moves

• Crude oil (CL Nov26)+0.41%10 min after this headline
• Nasdaq 100 fut (NQ Dec26)-0.14%10 min after this headline
• Dow fut (YM Dec26)-0.03%10 min after this headline

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