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25 Jun 2025

Oil prices rebound amid ceasefire between Israel and Iran

Oil prices rose on Wednesday, rebounding somewhat after sharp declines in the previous two sessions, as traders assessed the U.S.-brokered ceasefire between Israel and Iran.

As of 1:00 PM Saudi time, Brent crude futures for August jumped 0.9% to $66.74 per barrel, while West Texas Intermediate (WTI) crude rose 1% to $65.02 per barrel

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