Oil prices rise more than 1% after Iran seizes British tanker

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London — Oil prices rose on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude futures climbed 79 cents, or 1.26%, to $63.26 a barrel by 1225 GMT. West Texas Intermediate (WTI) crude futures were up 74 cents, or 1.33%, at […] More »

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