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WTI Crude Near $85 as IEA Approves Historic Reserve Release

freight_commodity_indices UTC: 2026-03-11 18:00:47

WTI crude futures pared some gains on Wednesday, trading back around $85 per barrel after briefly approaching $89, as traders continued to assess attacks in the Strait of Hormuz while the International Energy Agency approved its largest-ever release of emergency oil reserves, ...

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