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The Economic Times

Business

Veer Sharma

Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?

Oil United States Iran Goldman Sachs Strait of Hormuz

Oil prices extended gains on Wednesday as uncertainty over a possible US-Iran peace deal and fresh attacks on shipping raised fears of further supply disruptions in the Middle East. The rise came despite industry data pointing to an increase in US crude inventories.

Crude oil price on August 12

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