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Oil Surges 4% Weekly as US-Iran Tensions Fuel Supply Fears

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Oil prices set for 4% weekly gain as US-Iran conflict persists, with low Strait of Hormuz tanker traffic and naval blockade threats offsetting bearish inventory data and demand forecast cuts from IEA/OPEC.
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BRENT price history

109.21 +68.22% over the displayed period

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