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Oil eases as traders lock in gains, assess Iran escalation
TOKYO/BEIJING: Oil prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of US strikes on Iranian military installations that stoked fears of renewed full-scale conflict and supply disruptions in the Strait of Hormuz. The US struck Iran’s coastal defences and missile sites on Wednesday after reimposing a naval blockade of its ports, while Tehran threatened to shut off more regional energy exports, saying it was engaged in an “existential war” with America.
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timesofindia.indiatimes.com
Oil prices today: Crude surges to one-month high as US-Iran conflict escalates
Oil prices climbed to their highest level in four weeks on Tuesday after the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran…
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arabnews.com
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
SINGAPORE: Oil prices rose nearly 3 percent on Tuesday to their highest in four weeks, as the US reimposed its naval blockade of Iran while the two countries stepped up attacks…
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straitstimes.com
Oil prices keeps rising after 11% surge in two days
Discover why oil prices are surging following intensified Iran strikes and disruptions to a key global energy chokepoint. Read more at straitstimes.com. Read more at…
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channelnewsasia.com
Oil eases as traders weigh US-Iran conflict risks
July 16 : Oil prices eased on Thursday as traders weighed escalating tensions between the United States and Iran and the risks to oil supplies moving through the Strait of…
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Oil prices turn lower as traders weigh impact of renewed US strikes on Iran
TOKYO/BEIJING, July 16 : Oil prices turned lower on Thursday as traders took profits and evaluated the risks from a new wave of U.S. strikes on Iranian military installations,…
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Oil prices rise for 4th day as US strikes on Iran raise fears of wider conflict
TOKYO, July 16 : Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled fears of renewed full-scale…
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Oil eases as traders lock in gains, assess Iran escalation
TOKYO/BEIJING: Oil prices turned lower on Thursday as traders took profits while assessing the risks from a new wave of US strikes on Iranian military installations that stoked…