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U.S. crude oil tops $100 per barrel as market braces for prolonged Iran war

Oil prices remain elevated amid worries that escalating tensions in the Middle East could further exacerbate supply disruptions

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Crude oil prices rose 4% on Thursday over worries about escalating tensions in the Middle East and their impact on energy supplies. U.S. West Texas Intermediate futures jumped 4.3% to $100.13 per barrel. Brent crude , the international benchmark, advanced 4.1% to $105.38 a barrel.

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