Oil rises nearly 1% as US launches new strikes against Iran, supply tightens
Israel
June 10 : Oil prices climbed about 1 per cent on Wednesday, moving away from a seven-week low touched in the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks. The U.S. military's strikes on Iranian targets followed after President Donald Trump vowed on Tuesday to respond to the downing of a U.S. Apache attack helicopter overnight, in a fresh escalation that threatens to unravel a fragile ceasefire
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