July 8, 2026 2:11 PM
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Global crude oil prices rise over 2% amid renewed US-Iran tensions
Global crude oil prices rose more than two per cent today as renewed hostilities between the United States and Iran threatened to shatter the fragile ceasefire that had brought some relief to global energy markets. Brent crude was trading nearly 2.3 per cent up at 75 US dollars and 87 cents per ba...