Crude prices climb back towards $97 as Strait of Hormuz remains under pressure

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Oil prices edged higher Thursday after a significant daily drop, as Middle East tensions and uncertainty surrounding the Strait of Hormuz kept markets on edge. Despite conflicting reports on tanker movement, US Vice President Vance indicated the strait was beginning to reopen. Prices remain elevated due to persistent concerns over potential renewed hostilities.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ka0etb6

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