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U.S. Strike in Strait of Hormuz Sends Oil to $90 and Elevates September Fed Hike Odds

Renewed U.S.–Iran military exchanges have driven energy prices higher, prompting markets to treat imminent U.S. jobs and inflation reports as the key tests for a possible Fed rate rise.

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Avalanche Foundation in Talks to Raise $1 Billion via Two U.S. Treasury Vehicles