From The Avenue Mail
Center Owned by The Avenue MailCrude oil prices rebound amid Middle East supply concerns
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Global crude oil prices rebounded on Tuesday after reports that US forces struck Iran's Qeshm Island, raising concerns about a possible escalation in Middle East tensions and threats to energy supplies. In early trading, November crude futures on the Multi Commodity Exchange in New Delhi were quoted at ₹9,183, up about 1.22% from the previous close of ₹9,072.
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New Delhi, November 3 (IANS) Global crude oil prices on Tuesday rebounded in early hours after US forces reportedly had struck Iran's Qeshm Island, heightening concerns over a potential escalation in regional tensions and renewed threats to energy supplies from the Middle East.Brent crude -- the…
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Global crude oil prices rebounded early Tuesday following reports that American forces struck Iran’s Qeshm Island. The attack sparked fresh fears over potential supply disruptions across the Middle East. Brent crude rose 61 cents to $105.38 a barrel in morning trade. Meanwhile, US West Texas…
