Oil climbs on tanker attacks, US-Iran claims about Hormuz control
Category: Business
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Crude oil prices have climbed over renewed attacks on tankers and a war of words between the Trump administration and Iran's leadership, Reuters reports.
Brent futures are up 80 cents, or 0.92 per cent, to $87.87 a barrel as of 1548 GMT (8:48pm PKT), while US West Texas Intermediate crude futures are up 43 cents, or 0.53pc, to $81.69 a barrel.
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