Category: Forex News

Oil gains after Israel threatens Iran

By Published On: April 11, 20241.7 min readViews: 3630 Comments on Oil gains after Israel threatens Iran
Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members of the IRGC Quds Force who were killed in an Israeli air strike in Syria, in Tehran, Iran, on April 5, 2024.

Morteza Nikoubazl | Nurphoto | Getty Images

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Crude oil futures rose Wednesday after two days of losses as Israel threatened to attack Iran if the Islamic Republic strikes Israel directly.

The West Texas Intermediate contract for May delivery gained 31 cents, or 0.36%, to $85.54 a barrel. June Brent futures added 28 cents, or 0.31%, to $89.70 a barrel.




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