NY Crude Oil Prices Rise 2.6% Amid Tanker Attacks in Strait of Hormuz

NY Crude Oil Prices Rise 2.6% Amid Tanker Attacks in Strait of Hormuz

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New York crude oil futures increased by 2.6% on November 12, with December WTI reaching $88.74 per barrel. This rise follows renewed supply concerns triggered by tanker attacks in the Strait of Hormuz. Concurrently, gold prices fell by 2.9%.

Originally published by gnews