India, April 20 -- After the previous session's tailspin, crude oil has catapulted on Monday after the U.S. seizure of an Iranian cargo ship threatened the ongoing ceasefire, with Iran vowing to retaliate, which renewed supply-related concerns.
WTI Crude Oil for May month delivery was last seen trading up by $5.54 (or 6.61%) at $89.39 per barrel.
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