Oil prices reversed gains to trade lower after President Trump pressured China and allies to cooperate in preventing Strait of Hormuz blockade, with WTI falling 0.54% to $98.18 despite earlier surging above $100 following U.S. attacks on Iran's Kharg Island oil facilities
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Oil Prices Reverse Lower as Trump Pressures China on Hormuz Cooperation
Oil prices reversed gains to trade lower after President Trump pressured China and allies to cooperate in preventing Strait of Hormuz blockade, with WTI falling 0.54% to $98.18 despite earlier surging above $100 following U.S. attacks on Iran's Kharg Island oil facilities
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