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Oil hits six-week high

23 Jul 2026 · Dawn
Oil hits six-week high

HOUSTON: Oil prices settled at their highest since June 11 on Wednesday on mounting supply concerns as hostilities continued to escalate between the US and Iran, while threats to shipping by the Iran-backed Houthi militia in Yemen further boosted prices. Brent crude futures settled up $3.06, or 3.36 per cent, at $94.07...

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