Global oil prices rise above $95 a barrel for the first time in 6 weeks as hopes dim for de-escalation of Iran war

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Global oil prices rise above $95 a barrel for the first time in 6 weeks as hopes dim for de-escalation of Iran war
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Summary

Oil prices climbed on Wednesday morning to a six-week high after the U.S. struck Iran for the 11th night in a row, and President Trump warned that the U.S. will bomb Iran’s bridges and power plants if Tehran shoots at ships in the Strait of Hormuz.

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