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Oil prices inched up on Wednesday.
The West Texas Intermediate for August delivery increased by 26 cents, or 0.33 percent, to settle at 79.60 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery went up 22 cents, or 0.26 percent, to settle at 84.95 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher
The United States' military completed its latest wave of strikes against Iran at 21:00 (Eastern Time) on Wednesday, the U.S. Central Command said in a statement.
In the statement posted on social media, the command said it had struck Iranian command centers, air defense sites, missile and drone capabilities, and coastal surveillance facilities.
Precision munitions were used to hit targets in multiple locations including Bandar Abbas, said the command.
Earlier in the day, the U.S. forces also launched strikes against Iran's coastal defense facilities and cruise missile sites on Greater Tunb Island, with the operation lasting 90 minutes, according to the command.
US ends latest wave of strikes on Iran: central command
