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TechFlow News, March 12: International oil prices pared gains, with U.S. West Texas Intermediate (WTI) and Brent crude oil up 7.6% and 6%, respectively, trading at $95.26 and $96.90 per barrel. On the news front, Iran’s Deputy Foreign Minister stated that some vessels had previously been permitted to pass through the Strait of Hormuz. (Jinshi)
International oil prices gave up earlier gains, with WTI and Brent crude oil price increases narrowing to 7.6% and 6%, respectively, trading at $95.26 per barrel and $96.90 per barrel. On the news front, Iran’s Deputy Foreign Minister stated that some vessels had previously been permitted to pass through the Strait of Hormuz. (Jin10)
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