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Terry Duffy says any attempt by the government to lower prices using derivatives market would erode confidence

Rapid depletion of stockpile including Tomahawk missiles raises pressure on Trump over cost of conflict

Move by Treasury comes after escalating crisis in Gulf sends Brent above $100 again

Beijing and Moscow look to one another for energy and economic security amid geopolitical turbulence

Operators face growing risks whether they stay or flee through Strait of Hormuz