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Oil Prices Rise as Geopolitical Tensions Fuel Supply Concerns

2025-06-03 12:37:37

Oil prices were rising again on Tuesday, with investors betting that global crude supplies will tighten as geopolitical tensions escalate.

The Brent international benchmark climbed 0.3% to $64.81 a barrel, and West Texas Intermediate U.S. prices rose 0.3% to $62.73 a barrel in early trading.

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