Oil Prices Rebound As Investors Weigh Renewed U.S.-Iran Tensions

Oil prices rebounded on Thursday after falling more than 5 percent in the previous session to reach their lowest levels in a month on hopes of a possible agreement between the United States and Iran to end the war and reopen the Strait of Hormuz. Brent crude futures for August delivery were up 2.2 percent at $94.29 a barrel, while WTI crude futures for July delivery climbed 2.2 percent to $90.58.A…