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WTI Crude up marginally this month, sustains break above $80 per barrel

31-Aug-2026 | 18:50
Crude oil prices jumped more than 3% toward $86 a barrel on Monday as renewed US-Iran military clashes heightened concerns over supply disruptions in the Strait of Hormuz. The commodity is up marginally by around 1% this month but has held up well after breaking above $80 per barrel mark.

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