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News 2026-07-09 14:23 UTC

US Oil Update: Futures Hover Near 2-Weeks High Amid US-Iran Retaliatory Strikes

() -- Global oil prices hovered near a two-week peak on Thursday as the energy markets faced severe disruptions after Iranian forces targeted US military assets in neighboring Gulf states. Brent crude futures eased 0.3% to $77.77 per barrel after surpassing $80/bbl in the previous session, while West Texas Intermediate