Oil steady as traders monitor Red Sea tensions, U.S. supply
Oil was little changed on Wednesday as investors kept an eye on the situation in the Red Sea after the recent attacks by Iran-aligned Yemeni Houthi militants. futures dipped 8 cents, or 0.1%, to $79.15 a barrel by 0507 GMT, while U.S. West Texas Intermediate crude was unchanged at $73.94 a barrel.…
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