Oil rises above $106 per barrel as U.S., Iran deadlocked in Strait of Hormuz

Oil rises above $106 per barrel as U.S., Iran deadlocked in Strait of Hormuz

Summary

Brent stood at $106.80 as of 01:00 GMT, up nearly 5 percent from its closing price on Wednesday, when it surpassed $100 per barrel for the first time in two wee...

Description

Brent stood at $106.80 as of 01:00 GMT, up nearly 5 percent from its closing price on Wednesday, when it surpassed $100 per barrel for the first time in two wee...

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