Oil Prices Surge Amid US-Iran Tensions Over Ceasefire Violation
Oil prices rise sharply as West Texas Intermediate (WTI) crude increases by 7.5% to $90.17 per barrel following Iran's accusation that the US violated a ceasefire. Brent North Sea crude also sees a 6.5% gain, reaching $96.27 per barrel. Iran vows to respond after the USS Spruance fires on an Iranian-flagged cargo ship.
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