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Oil rises as markets assess supply risks

[24/03/2026 02:36]

SINGAPORE-SABA
Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.

West Texas Intermediate (WTI) crude increased $2.49, or 2.8 percent, to $90.62.

Crude contracts had fallen more than 10 percent yesterday, Monday, after Trump said he had ordered a five-day delay on attacks he threatened against Iranian power plants.