Oil Prices Rise Above $95 As Trump Claims Control Over Hormuz After US Strikes On Iranian Tankers
Oil prices moved higher in Asian trading on Wednesday as fresh military exchanges between the United States and Iran revived concerns over potential disruptions to global crude supplies. Brent crude prices rose nearly 1.2% to $95.68 a barrel, while US West Texas Intermediate (WTI) increased around 0.9% to $91.05 a barrel. Both benchmarks have gained about $5 since hostilities resumed after a…
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