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Oil Updates – crude surges to 5-month high after US hits Iran’s key nuclear sites
NEW DELHI: Oil prices jumped on Monday to their highest since January as the US’s weekend move to join Israel in attacking Iran’s nuclear facilities stoked supply concerns. Both contracts rose by more than 3 percent earlier in the session to $81.40 and $78.40, respectively, touching five-month highs before giving up some gains. By 12:21 p.m. Saudi time, Brent crude futures were up 5 cents or 0.06 percent to $77.06 a barrel, while US West Texas Intermediate crude advanced 0.02 cents or 0.03 percent to $73.86.
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cnbc.com
Oil prices jump more than 2% after U.S. strikes on Iran raise fears of supply disruption
Oil markets are reacting to the impact of a U.S. decision to directly enter the Iran-Israel conflict.
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usatoday.com
Oil hits five-month high after US strikes key Iranian nuclear sites
The rise in prices came after President Trump said he had \
