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USO, INDO, BATL climb as Iran tensions push oil prices higher
short by / on Thursday, 9 April, 2026
Oil stocks climbed pre-market after Trump threatened escalation if Iran doesn't fully comply, keeping US troops in the region. WTI crude rose 3.2% to $97, lifting USO, INDO, BATL, and EONR. Goldman Sachs lowered its near-term outlook but acknowledged a $115 price scenario is back on the table amid renewed shipping uncertainty.
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