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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 07/Aug 14:53

WTI edges higher to $72.50 on supply disruptions

West Texas Intermediate (WTI) ended a four-day losing streak, trading around $72.50 per barrel on Wednesday. The benchmark crude oil is getting support from rising concerns about supply constraints due to ongoing geopolitical tensions in the Middle East. Hamas named Yahya Sinwar as its new leader in Gaza following the assassination of former chief Ismail Haniyeh. There are concerns about potential escalation in the region, with Iran and its allies — Hamas and Hezbollah — vowing retaliation against Israel and the United States for the killing of the Hamas leader, according to Reuters. However, the potential for a rebound in

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