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Oil rises as U.S.-Iran tensions keep traders focused on Strait of Hormuz risks
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- Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
- International benchmark Brent crude futures for July gained 0.91% to $102.19 a barrel.
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Oil prices rose Thursday in volatile trading as investors continue to assess the latest developments in the Middle East amid concerns over renewed tensions between Iran and the U.S.
International benchmark Brent crude futures for July gained 0.91% to $102.19 a barrel. U.S. West Texas Intermediate futures for June rose 1.23% to $96.25 per barrel.
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