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The Economic Times
The Economic Times
Business

Crude oil prices rise 2% on fresh attacks by US and Iran

Oil Iran United States Saudi Arabia Yemen

Oil prices gained nearly 2% on Tuesday on fresh attacks exchanged by the U.S. and Iran as well as threats of a naval blockade of Saudi Arabia by Yemen's Houthis.

Brent crude futures rose $1.62, or 1.8%, to $90.84 ‌a barrel by ⁠1152 GMT.

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