Tag: bab el-mandeb
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Oil rises after attacks on ships in Hormuz, Bab el-Mandeb
LONDON, Aug 12 : Oil prices rose on Wednesday after attacks on two ships reinforced worries about disruptions to Middle East supplies, while industry data showing swelling inventories of U.S. crude might keep bulls in check.Brent futures were up 90 cents, or 1 per cent, at $89.81 a barrel by 0757 GMT, set for
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