Yonhap Infomax NewsOil prices approach $100 per barrel as Strait of Hormuz blockade disrupts Gulf supply, forcing Federal Reserve into difficult policy choice between controlling inflation and supporting employment ahead of key CPI and PCE data releases this week.
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[New York Bond Market - Weekly]Oil Nears $100 as Fed Faces Policy Dilemma
Oil prices approach $100 per barrel as Strait of Hormuz blockade disrupts Gulf supply, forcing Federal Reserve into difficult policy choice between controlling inflation and supporting employment ahead of key CPI and PCE data releases this week.