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The Economic Times
The Economic Times
National
Gandharv Walia

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developments

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? This question is attracting attention across global financial markets after oil prices posted gains amid continued uncertainty in the Middle East. Brent crude and U.S. West Texas Intermediate (WTI) futures rose after investors reacted to the latest developments involving Iran and Israel. Although both nations announced a halt to direct attacks, concerns remain about whether the situation could escalate again. Traders are also closely following diplomatic efforts, shipping routes, and supply risks that may affect global oil markets and future price movements.

Why are oil prices up today?

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