Oil prices rise again with little sign of war on Iran ending
Brent crude futures hit $126.41 on Thursday – a 5 percent rise for the week. On Friday, Brent crude, the international benchmark, was up 89 cents at $111.29 a barrel by 08:08 GMT, compared with about $65 before the US and Israel began strikes on Iran on February 28. Brent crude futures for June also continued to rise on Thursday, hitting $126.41 a barrel before expiry, marking the highest level since March 2022, Reuters said.
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Covering ending, thursday, This international coverage focuses on diplomatic developments with regional implications. The source infrastructure indicates high credibility (64/100): 0 citation(s), 1 source(s). Furthermore, text analysis indicates this article is framed from a balanced standpoint (0).
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