Times of India

Oil rebounds from three-week low as Hormuz tensions keep supply fears alive

Oil rebounds from three-week low as Hormuz tensions keep supply fears aliveWorldPing

Oil prices saw a modest recovery on Tuesday after a significant decline. Benchmark Brent crude climbed to $84.26 and WTI crude reached $80.75. This rebound followed a sharp slide after US President Donald Trump paused military action against Iran.

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