Oil prices climb as US strikes on Iran fuel fears truce is unravelling
crude oil inventories fell again last week, market sources said on Tuesday, citing data from the American Petroleum Institute.military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again.
The attacks renewed concerns about tanker traffic through the Strait of Hormuz, which carried cargoes equal to about one-fifth of global energy supply before the war began in February.
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