The latest oil price rally is showing real strength with oil prices making big gains again on Monday. The rally kicked off last week after Washington indicated Israel could strike Iran’s oil facilities. Brent crude for November delivery gained 3.4% in Monday’s intraday session to trade at $80.71 per barrel at 1.20 pm ET while WTI crude was changing hands at $77.05 per barrel after gaining 3.1%. Clearview Energy Partners has predicted that oil prices could gain as much as $28/bbl if flows are blocked in the Strait of Hormuz; $13/bbl…
