WIRE — Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815 GMT. US West Texas The post Oil prices firm on Strait of Hormuz concerns appeared first on Egyptian Gazette.
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