Oil Prices Slip on US-Iran Strike Risks
Oil prices fell slightly as investors evaluated ongoing uncertainty from U.S. and Iran military strikes. Shipping traffic through the Strait of Hormuz slowed amid rising geopolitical tensions.
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Brent Crude Oil fell 56 cents, or 0.6%, to $95.07 a barrel during Thursday morning trade, breaking a four-session winning streak. The pullback followed renewed military strikes between the United States and Iran that have heightened risks of Middle Eastern supply disruptions.
