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PropMarketCapFRESHCurrencies, commodities and indices

WTI above $90: oil gained about 3% in a day on attacks on Saudi Arabian airports

On October 8, WTI oil rose to $90.87 and at one point approached $91.00, gaining about 3% in a day. The rise was supported by new attacks on facilities in Saudi Arabia, risks to shipping in the Strait of Hormuz, and a decline in US oil inventories.

PropMarketCapFRESHCurrencies, commodities and indices

WTI above $93: Trump rejected Iran's proposal on the Strait of Hormuz

US crude WTI (the US benchmark grade) is trading around $93.05 in early Asian hours on Monday. The push came from US President Donald Trump's rejection of Iran's proposal to open the Strait of Hormuz - a key maritime route for oil exports from the Persian Gulf.