India, Aug. 6 -- Partially offsetting the losses from the three previous sessions, crude oil prices have surged on Thursday following attacks on Saudi Arabian tankers in the Red Sea by Houthis, which renewed Middle East tensions, while uncertainty over a deal on the Strait of Hormuz reopening fueled disruption concerns.
WTI Crude Oil for September month delivery was last seen trading up by $2.11 (or 2.81%) at $77.33 per barrel.
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