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12 Aug 2026 · 20:19 GMT+3
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WTI holds firm as Strait of Hormuz concerns outweigh sharp US inventory build

West Texas Intermediate (WTI) Oil trades in a narrow range on Wednesday as traders weigh a sharp rise in US crude inventories against persistent supply risks in the Middle East. At the time of writing, WTI trades around $82.20 per barrel, hovering near a one-and-a-half-week high.

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