Commodities

Oil Prices Rebound As Suez Canal Ship Runs Aground

Oil prices rose about 2 percent on Wednesday as investors sought bargains after the previous session's slump.

The upside comes after a cargo container ship that's among the largest in the world ran aground and blocked the Suez Canal, threatening to disrupt a global shipping system already strained by the coronavirus pandemic.

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by RTTNews Staff Writer

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