Oil price today: Crude continues to trade beyond $95 per barrel

Oil prices took a minor dip on Thursday following a turbulent trading day. Investors are closely monitoring the repercussions of the US-Iran strikes on oil supply lines. Activity in the Strait of Hormuz is currently lower than average. This disruption fosters worries regarding global oil availability and possible price hikes as countries explore alternative sources while depending on diminishing reserves.

This story was originally reported by Times of India — Top Stories. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.