India, May 8 -- Partly offsetting the losses from three consecutive sessions, crude oil prices have inched higher on Friday as Middle East tensions renewed after the exchange of fire between the U.S. and Iran. Iran is delaying its response to a U.S. peace proposal to end the war, adding to the uncertainty.
WTI Crude Oil for June month delivery was last seen trading up by $0.36 (or 0.36%) at $95.17 per barrel.
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