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Oil prices climb as crude stockpiles are being depleted — and travel season starts this weekend

Economy MarketWatch By Nora Redmond 21 May 2026 11:46 1 min read
Oil prices climb as crude stockpiles are being depleted — and travel season starts this weekend

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

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