Oil prices extend gains on fears of escalating tensions in Mideast

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TOKYO: Oil prices rose on Wednesday, extending the previous day’s gains, after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel in the Strait of Hormuz, rekindling fears of an escalation in tension between Washington and Tehran. Read full story

Date: 4 February, 2026 12:00 pm
Source: thestar.com.my

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