Oil Prices Rise For Second Day As US-Iran Conflict Fuels Middle East Supply Concerns
Oil prices extended gains for a second straight session on Tuesday as concerns over possible disruptions to Middle East energy supplies continued to dominate market sentiment. The impact of the ongoing US-Iran conflict outweighed indications that crude exports from the region were gradually recovering. Brent crude futures rose $1.49, or 1.4%, to $106.77 a barrel, while US West Texas Intermediate…
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