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Oil Prices On June 22: Brent Crude At $82 As Fresh Trump Threat Revives Hormuz Supply Concerns

Oil Prices On June 22: Brent Crude At $82 As Fresh Trump Threat Revives Hormuz Supply Concerns

US President Donald Trump threatened military action against Iran if Hezbollah resumes attacks on Israel, injecting fresh uncertainty into peace negotiations that had raised hopes of easing tensions in the Middle East. Brent crude climbed as much as 2.2% to above $82 a barrel, while West Texas Intermediate traded above $78.

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