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Thursday, June 19, 2025 2:50 GMT
Oil prices rose on Tuesday, with analysts saying that uncertainty would keep prices elevated, even as there were no concrete signs of any production losses stemming from the Iran-Israel conflict. Brent crude futures climbed 82 cents, or 1.1%, to US$74.05 a barrel as of 0840 GMT. U.S. West Texas Intermediate crude was up 77 cents, or 1.1%, at US$72.54. Iran is the third-largest producer among members of the Organization of the Petroleum Exporting Countries and there is widespread concern the...More