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Brent Surges Toward $109 as US-Iran Escalation Sparks Supply Crisis

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The Story

News Summary

  • Brent crude climbed toward $109 per barrel, heading for a 13% weekly gain amid escalating US-Iran conflict.
  • Severe geopolitical risks and mutual attacks on oil tankers in the Persian Gulf have intensified fears of prolonged global energy supply disruptions lasting years.
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Stored market data

BRENT price history

104.40 +60.02% over the displayed period

Advisor Snapshot

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