Oil prices climb as renewed Middle East tensions raise supply concerns

Syrian Arab News Agency

Syrian Arab News Agency

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June 29, 2026

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lean left
Oil prices climb as renewed Middle East tensions raise supply concerns

London, June 29 (SANA) Oil prices rose on Monday after renewed military strikes between the United States and Iran heightened concerns over global energy supplies and disrupted oil shipping through the Strait of Hormuz. According to Reuters, Brent crude futures gained 50 cents, or 0.69, to 72.49 a barrel, while U.S. West Texas Intermediate crude []

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