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Oil Soars Past $108 as Saudi Pipeline Strikes Disrupt Global Supply

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Global oil prices climbed above $108 per barrel following missile strikes on a Saudi Arabian pipeline threatening 4% of global supply.
  • Combined with shipping disruptions in the Strait of Hormuz, diesel and petrol prices surged to multi-year highs amid escalating Middle East tensions.
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BRENT price history

108.50 +67.13% over the displayed period

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