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Oil Could Top $100 If Traffic Through Hormuz Remains Restricted, Moniz Says
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March 5, 2026
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5:48Now PlayingFormer U.S. Energy Secretary Ernest Moniz says oil could top $100 per barrel if tanker traffic through the Strait of Hormuz remains restricted over the next few weeks. The Trump administration says it will ensure safe passage of ships through the Strait. Moniz is on Bloomberg The Close.
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