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International oil prices rise on reports of US attack on Iran's Qeshm Island

Investing.com +1 · ·by G4L

WTI
WTI W & T Offshore Inc
$2.89 -5.86%
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  1. 1Brent crude futures rose 0.8% to record a price of $105.58 per barrel.
  2. 2WTI crude futures rose 1.0% to record a price of $97.42 per barrel.
  3. 3Concerns over Middle East supply disruptions grew following reports that the US attacked Iran's Qeshm Island.

So what's the key point?

Oil prices rose following news that the US attacked Iran's Qeshm Island. This reflects concerns that oil supplies from the Middle East may be disrupted.

Source Investing.com +1 · View original ↗

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