US President Donald Trump administration seeks to tame oil prices

US Interior Secretary Doug Burgum said that the US President Donald Trump administration is weighing a range of options for addressing the spike in oil and gasoline prices amid the war in Iran, Bloomberg reported on Friday.
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WTI rises above $78.00 as Middle East conflict disrupts supplies

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $78.10 during the early Asian trading hours on Friday. The WTI gains momentum following an 8.5% single-day gain, the largest since 2020.
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