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WTI Crude Oil Prices Slide Below $93.50 Amid US-Iran Tensions

Guavy AI Editorial Team
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West Texas Intermediate (WTI) crude oil prices fell below $93.50 during early European trading hours on Thursday, as traders booked profits.

The US-Iran conflict remains a key focus, with rising tensions and intensifying attacks on tankers in the Persian Gulf potentially limiting the downside for WTI prices.

Traders are awaiting the release of the US Energy Information Administration (EIA) report later on Thursday.

A senior Iranian official stated that the country is ready for a more intense war and will escalate counterstrikes if the US continues to attack its territory and infrastructure.

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