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Oil gains as Middle East Gulf tensions flare, Libya field shut

Updated : July 22, 2019 10:22 AM IST

Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf in response to Britain's seizure of an Iranian tanker earlier this month.
WTI fell over 7 percent and Brent fell more than 6 percent last week.
Brent crude futures climbed 85 cents, or 1.4percent, at$63.32 a barrel by 0404 GMT.

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