Oil Prices Rise Above $102 as Strait of Hormuz Attacks and US Hurricane Threaten Supply

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  Sufyan Tahir / 15 hours
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• 4 min read

He added that restricted fuel flows, exceptionally high logistics costs and the risk of further Iranian escalation were keeping oil prices elevated. SINGAPORE: Global oil prices rose on Thursday as concerns over supply disruptions in the Middle East intensified following increased attacks on shipping in the Gulf and the Strait of Hormuz, while a hurricane […]