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HomeBusinessOil heads for weekly gains as Middle East supply risks persist

Oil heads for weekly gains as Middle East supply risks persist

LONDON, July 10: Oil prices rose on Friday and were on track for weekly gains as renewed U. S. -Iran fighting disrupted shipping in the Strait of Hormuz, stoking concerns over supply disruptions. Brent futures were up 60 cents, or 0. 8 per cent, at $76. 90 a barrel by 1131 GMT. U. S. West Texas Intermediate (WTI)

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