Oil Rises as Hormuz Shipping Attacks Fuel Supply Fears
Oil prices rose in early European trading as attacks on shipping in the Strait of Hormuz threatened flows. U.S. industry data also pointed to falling crude and product inventories.
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Oil rises on Middle East attacks and supply risks
Oil prices are on track for a weekly gain as escalating attacks in the Middle East keep a geopolitical risk premium in place. The piece says Brent is around $104 a barrel and WTI near $92.