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Oil costs rise greater than 4% on escalating U.S.-Iran tensions

June 11, 2025 by admin
Oil costs rise greater than 4% on escalating U.S.-Iran tensions

Crude oil storage tanks at the Juaymah Tank Farm in Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia, in 2018. Simon Dawson | Bloomberg | Getty Images U.S. crude oil futures rose more than 4% Wednesday as tensions escalated between the U.S. and Iran, with President Donald Trump expressing doubt that … Read more

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