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Oil prices hit $100 for the first time since May
The recent surge in oil prices has reached a significant milestone, with Brent crude surpassing the $100 mark for the first time since May.
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The recent surge in oil prices has reached a significant milestone, with Brent crude surpassing the $100 mark for the first time since May. This development is a direct result of the ongoing escalation of the war in the Middle East, which has led to a substantial increase in the price of Brent crude, with a rise of over 5% on Thursday.
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