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

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. Shipping patterns are changing, and concerns about energy supply risks persist. Oil prices remain below their earlier peak of $126 per barrel.

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Times of IndiaLean R·1h ago
Oil rebounds from three-week low as Hormuz tensions keep supply fears alive
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. Shipping patterns are changing, and concerns about energy supply risks persist. Oil prices remain below their earlier peak of $126 per barrel.
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Times of IndiaLean R

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

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

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