Oil rises as doubts over US-Iran deal heighten supply concerns
BEIJING: Oil prices rose on Wednesday morning as doubts about a US-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even as industry data showed US crude inventories expanded. Brent futures gained 72 cents, or 0.81%, to $89.63 a barrel by 0053 GMT, while US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85%, to $83.91. Both benchmark…
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