Friday, March 27, 2026

Oil prices gain as traders doubt prospects of ceasefire in Iran war

Brent crude futures rose 4.2%, settling at $112.57 a barrel, while WTI futures gained 5.5% to $99.64. The conflict has removed 11 million barrels per day from global supply, with analysts warning of further price hikes if the war prolongs.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/7iclBuJ

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