19 Hrs
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البلاد
Oil gains amid US-Iran deal uncertainties
Oil prices rose today, Wednesday, amid fears of supply disruptions due to tensions in the region following attacks on ships in the Strait of Hormuz and expectations of no agreement between the United States and Iran. Brent crude increased by 0.81% to $89.63 per barrel, and West Texas Intermediate rose by 0.85% to $83.91, with the market continuing to focus on escalating tensions, ongoing developments in the Middle East, and the potential shortages in oil supplies that could result.
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