UNITED STATES – Brent crude traded between USD 105.87 and USD 106.18 per barrel, maintaining its upward momentum as global tensions outweighed partial supply relief. Energy markets remain highly volatile after US President Donald Trump rejected Tehran’s peace plan to end the regional conflict and fully reopen the Strait of Hormuz. Elevated crude prices continue to increase energy costs for downstream industries, underscoring the need for recycled fuel alternatives and cost-effective energy recovery technologies.
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(Source: The Star)