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Brent crude oil, the global benchmark, held above $100 on Friday morning as the U.S.-Iran war heads toward its third week.

By 5:40 a.m. ET, Brent futures

were 0.7% higher, pulling back from earlier gains to trade at $101.15 a barrel. U.S. West Texas Intermediate crude futures

were up by 0.1% at $95.87 per barrel, also paring earlier rises.