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HomeBusinessOil prices approach $97 as renewed US-Iran attacks reduce Strait of Hormuz...

Oil prices approach $97 as renewed US-Iran attacks reduce Strait of Hormuz traffic

Oil prices climbed on Monday as fresh US-Iran attacks raised fears of longer disruptions to global energy supplies. Brent crude rose 52 cents to $96. 80 a barrel. US West Texas Intermediate gained 66 cents to $92. 14 a barrel. Both benchmarks posted strong gains last week as fighting resumed. Brent increased 7. 8%, while WTI gained nearly

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