Oil prices up sharply as supply concerns outweigh recession fears

Brent, WTI crude prices recoup some of Wednesday's losses

At risk: a Russian court's decision could knock the Caspian Pipeline Consortium offline for 30 days — At risk: a Russian court's decision could knock the Caspian Pipeline Consortium offline for 30 daysPhoto: CASPIAN PIPELINE CONSORTIUM

Mark Passwaters

Houston

USA Iran Caspian Pipeline Consortium Russia Americas

Published 7 July 2022, 19:52Updated 7 July 2022, 19:52