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Oil prices rose on fresh concerns about Middle East supplies, before falling on the possible release of more reserves.
- Possible Hormuz disruptions and hurricane-driven production halts in US Gulf add to fears of tighter global supplies - Anadolu Agency
Brent crude fell 2.3% to $97.97. Analysts say upward pressures on oil prices have eased as larger volumes of oil have been crossing the Strait of Hormuz.