Crude oil prices have soared on Tuesday, extending the gains from yesterday’s session as signing of the U.S.-Iran Memorandum of Understanding to discuss ways to end the gulf crisis gets delayed. In addition, global energy watchdog warned of accelerating crude oil inventory depletion.WTI Crude Oil for July month delivery was last seen trading up by $1.57 (or 1.70%) at $93.73 per barrel.The U.S.-Ira…

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Crude Oil Surges Amid Delaying U.S.-Iran MoU, Strait Of Hormuz Blockade

2026-06-02 18:41:50

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