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News 2026-10-06 23:29 UTC

Crude Oil Rises as Mideast Risks Remain

Crude oil climbed toward $90 per barrel on Wednesday, recovering from five-week lows as persistent risks to Middle East energy flows overshadowed signs of rising supply from the region. Iran has intensified attacks on tankers in the Strait of Hormuz in recent days, with the UK Maritime Trade Operations reporting nine i