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USO, BATL, TPET Jump As Brent Tops $100 For First Time Since May: Gulf Nations Reportedly Racing To Build Pipelines Around Hormuz

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Brent crude topped $100 a barrel for the first time since May.
WTI crude futures expiring in September traded at $91.74 per barrel.
USO, BATL, and TPET stocks jumped on the oil price surge.
Gulf nations are reportedly racing to build pipelines around the Strait of Hormuz.
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Rajeev Chandrasekhar / Jupiter Capital interests historically