WTI oil prices have reached $82.10 as concerns about prolonged energy supply disruptions remain strong.
The US and Iran both claim to control the Strait of Hormuz, a critical chokepoint for one-fifth of global energy supply.
OPEC has revised its global oil demand forecast for 2026 to 580,000 bpd, down from an earlier estimate of 780,000 bpd.
More on Commodities
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