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WTI Oil Rebounds on Strait of Hormuz Supply Risks

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • WTI crude oil futures rose in early Asian trade, supported by a technical recovery and rising geopolitical tensions.
  • Iran's reiterated determination to control the critical Strait of Hormuz waterway has heightened supply disruption risks amid ongoing talks in Doha.
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WTI price history

100.05 +69.03% over the displayed period

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