Diamondback Energy Inc

FANG: XNAS (USA)
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Maritime Crude Disruptions: Crude Shipping Disruptions in the Middle East Should Eventually Loosen

The US has agreed to provide insurance backstops and naval escorts for commercial vessels transiting the Strait of Hormuz amid Iran's sustained attacks on ships in response to US-Israeli strikes launched over the weekend. In response, Brent prices declined a bit to the upper-70s.

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