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The Economic Times
The Economic Times
Business
Veer Sharma

Crude oil prices rise 10% this week but China enters fray to push for end to Iran war. What’s next?

Oil Iran China United States Anindya Banerjee Strait of Hormuz Goldman Sachs Red Sea Saudi Arabia

Crude oil futures fell more than 4% on Friday after reports that China had begun efforts to revive stalled peace talks between the United States and Iran. Despite the sharp decline, both Brent and West Texas Intermediate remained on course for significant weekly gains.

Crude oil price on this week

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