Financial Mirror11 Jul 2026

WTI holds near $72 amid hopes of Iran de-escalation

WTI holds near $72 amid hopes of Iran de-escalation

The benchmark West Texas Intermediate crude oil traded around $72 on Friday, up 0.42% on the day, but remained in a consolidation phase after reaching a two-week high earlier this week.

Investors are assessing mixed signals from the Middle East, balancing ongoing military tensions against renewed diplomatic efforts....

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WTI holds near $72 amid hopes of Iran de-escalation · XploreCyprus