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10 Aug 2026 · 03:48 GMT+3
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WTI rises to near $79.50 amid uncertainty over reopening Strait of Hormuz

West Texas Intermediate (WTI) oil price gains ground after registering nearly 1.5% losses in the previous trading day, hovering around $79.40 per barrel during the Asian hours on Monday. Crude oil prices advance as persistent uncertainty surrounds efforts to reopen the critical Strait of Hormuz.

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