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Oil prices climb after U.S. reportedly strikes Iran's Qeshm Island

Source: cnbc.com

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & War
Oil prices climb after U.S. reportedly strikes Iran's Qeshm Island

Brent crude rose 0.97% to $105.77 per barrel on Tuesday, while West Texas Intermediate gained 0.97% to $97.41. The rebound followed signals from the U.S. and Iranian presidents that they were open to a diplomatic solution to the Iran war.

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