Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated
Oil storage containers and facilities of the TotalEnergies refinery in Leuna, Germany PHOTO: REUTERS Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude futures were up $1.96, or 2.07%, at $96.71 a barrel at…