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Wednesday, March 4, 2026
HomeBusinessOil prices rise 3% as Iran crisis disrupts Middle East supply

Oil prices rise 3% as Iran crisis disrupts Middle East supply

March 4 : Oil prices rose 3 per cent on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz.Brent rose $2.67, or 3.3 per cent, to $84.07

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