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Brent

Brent trades above $80/brrl amidst Middle East tensions

oil

Global oil benchmark Brent hovered above $80 a barrel on Wednesday amid jitters over global trade disruption and geopolitical tensions in the Middle East following attacks on ships by Yemen’s Iran-aligned Houthi forces in the Red Sea. Brent crude futures were up $1.07, or 1.4%, at $80.30 a barrel, while U.S. West Texas Intermediate crude […]