Oil Rises Over 3% Amid Ongoing Middle East Tensions
Singapore, September 28 (QNA) - Brent crude oil rebounded more than 3% on Monday amid ongoing tensions in the Middle East and a continuing conflict over the reopening the Strait of Hormuz.
Brent crude futures rose $3.43, or 3.29%, to $107.75 a barrel, while US West Texas Intermediate (WTI) crude was at $94.55 a barrel, up $2.14, or 2.32%. (QNA)
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