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Oil market reacted with growth to Trump's threats to strike Iran
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Oil prices for benchmark grades Brent and WTI showed growth following statements by US President Donald Trump.
This dynamic is reflected in exchange trading data.
The price of the Brent oil futures contract for August 2026 delivery on the London-based ICE exchange rose by 1.85%, reaching $93.14 per barrel.
Meanwhile, the WTI oil futures contract for July 2026 delivery gained 1.97%, climbing to $89.94 per barrel.
The head of the White House, during a phone-in broadcast on Fox News, stated that he is considering the possibility of ordering new strikes on energy facilities and bridges on Iranian territory.
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