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Brent Crude Surges Toward $91 as Middle East Hostilities Flare

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The Story

News Summary

  • Brent crude rose toward $91 per barrel amid escalating Middle East tensions, including US-Iran strikes and threats to Iran's Kharg Island.
  • A tanker fire from naval mines in the Strait of Hormuz and strikes on Russian refineries further heightened global oil supply risk.
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BRENT price history

108.11 +68.58% over the displayed period

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