Brent crude trades above $90 a barrel on escalating US-Iran hostilities

· thehindubusinessline.com

September Brent oil futures were at $90.27, up by 2.46%, and September crude oil futures on WTI (West Texas Intermediate) were at $83.64, up by 2.27%

Brent crude oil futures traded above $90 a barrel on Monday morning as increased hostilities between the US and Iran raised concerns over global oil supplies.

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