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Oil steadies after US threatens to blockade Iran indefinitely
Summary
Brent futures rose 9 cents, or 0.1%, to $87.16 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $81.29 a barrel.
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- SECTIONS Oil steadies after US threatensBy SECTIONS Oil steadies after US threatens
Brent futures rose 9 cents, or 0.1%, to $87.16 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $81.29 a barrel. The two benchmarks fell more than 2% in the prior session, paring gains after a six-session rally for Brent and a five-sess…
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