Oil Edges Lower Amid Middle East Fighting, But Shipping Companies Return to Red Sea
Brent crude was down 0.2% to $80.71 a barrel while WTI was down 0.3% to $75.31 a barrel. Major shipping firms including Maersk and MSC are returning to shipping routes through the Red Sea, despite the ongoing fighting in the Middle East. Prices climbed on Tuesday over worries that exports through…
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