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Crude Oil Surges 3% to 3.25-Month High as Geopolitical Risks Mount

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The Story

News Summary

  • Crude oil surged over 3% to a 3.25-month high, driven by geopolitical tensions.
  • The rally is boosting ethanol demand and prompting sugar mills to divert cane toward biofuel production, reinforcing bullish commodity sentiment across both energy and agricultural markets.
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104.61 +64.07% over the displayed period

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