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Tuesday, Jun 30, 2026

Crude Prices Rise Over $4 a Barrel

Crude-oil futures surged more than $4 , the biggest one-day price jump ever , amid worries that Tropical Storm Rita strengthening off the Bahamas could hit U.S. oil facilities in the Gulf of Mexico later this week, striking another blow at an industry struggling to recover from Hurricane Katrina.


*For more on this story,

read the full Reuters article.

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