Milan, 8 July (LaPresse) – Oil prices have soared after the United States launched fresh strikes against Iran in response to attacks on merchant ships near the Strait of Hormuz and reimposed sanctions on its oil exports. Brent crude futures, the global benchmark, jumped by 5.8 per cent to $76.2 per barrel. WTI crude, the US benchmark, rose by 2.75 per cent to $72.38 per barrel.
Oil: futures prices rise following fresh US strikes on Iran
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Milan, 8 July (LaPresse) – Oil prices have soared after the United States launched fresh strikes against Iran in response to attacks on merchant ships near the Strait of Hormuz and reimposed sanctions on its oil exports. Brent crude futures, the global benchmark, jumped by 5.8 per cent to $76.2 per barrel. WTI crude, the US benchmark, rose by 2.75 per cent to $72.38 per barrel.
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