EconomicWorld

Brent Crude Surges Above $109, U.S. Oil Exceeds $100

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Brent oil jumps above $109, US oil surpasses $100

In Friday’s trading, Brent oil increased by about 32% to $109.28, and US crude oil rose by approximately 28% to $100.71 per barrel. Concerns about supply disruptions in the Middle East, uncertainty regarding the passage of ships through the Strait of Hormuz, and recent attacks on Russian refineries have been cited as factors contributing to the price increases.

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