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Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz

Source: marketwatch.com

Energy Markets & PricesCommodity Futures
Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz

WTI crude for October delivery and Brent crude for November delivery were steady after earlier gains in the session. The update signals limited near-term movement in benchmark oil futures, with no cited catalyst or price magnitude.

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