Project News Details
Title:
Oil settles up around 5% on supply concerns as Iran conflict widens
Detail:
West Texas Intermediate crude jumped 8.51%, while Brent crude rose 4.93%. Several nations have halted oil and LNG production, with analysts warning of prolonged recovery even after the Strait of Hormuz reopens.
Country:
Source:
ET Energy World
Published Date:
05.03.2026
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