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INPEX continues to rise as WTI crude prices trend upward amid uncertainty over Iran situation

Wed Jun 3, 2026 1:29 pm JST Catalyst

INPEX CORPORATION <1605> shares extended gains as rising crude prices, driven by uncertainty over Iran, attracted bargain hunting. July WTI (West Texas Intermediate) crude futures temporarily hit $96 per barrel during Tokyo trading hours on the morning of June 3, after settling up $1.60 at $93.76 on June 2. The upward momentum followed June 2 reports that Israel continued its attacks on Lebanon and Middle East fighting intensified amid stalled U.S.-Iran peace talks. Spurred by heightened vigilance over the regional situation, INPEX traded firmly.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.