Oil prices rose sharply on Wednesday as hostilities continued in the Middle East and industry data pointed to continued tightness in global oil supplies.
Brent crude futures jumped nearly 4 percent toward $87.40 a barrel, snapping a three-day losing streak after the U.S. and Saudi forces struck Tehran-backed targets in Iran and Tehran fired missiles at U.S. bases, reviving concerns over energy supply disruptions.
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Oil Prices Rebound After Three-day Slump
2026-07-29 09:51:49
