WTI crude rises $1.50 with eyes on the Red Sea

WTI crude rises $1.50 with eyes on the Red Sea

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The weekend drone attack that the Pentagon blamed on Iran has the oil market on edge once again. WTI crude oil is up $1.52 to $75.06 and trading near a session high. Last week, oil traded as high as $75.37 before fading. The rally in oil is helping to boost the Canadian dollar with USD/CAD down…

#pentagon #iran

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