According to Report, which cites Interfax, WTI crude oil futures for September delivery on the New York Mercantile Exchange (NYMEX) electronic trading platform gained $0.30 (0.41%), reaching $73.50 per barrel.
Traders' attention remains focused on the situation in the Middle East, with markets anticipating a potential Iranian attack on Israel following the recent assassination of Hamas leader Ismail Haniyeh in Tehran.
Oil markets continue to face pressure from traders' concerns regarding the outlook for oil demand, given the signs of weakening economies in China and the United States.
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