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EXPLAINER - Why isn't oil above $100 despite supply disruptions?
SINGAPORE — Global oil benchmark Brent crude has rallied this month but stayed below US$100 a barrel despite recent escalation in the US-Iran conflict that has disrupted Gulf exports from the Strait of Hormuz and the Red Sea.
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economictimes.indiatimes.com
Crude oil rally nears $100: Will geopolitical risks push prices higher?
Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply remains intact, fears of disruptions in the…
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Oil Price Today (September 7): Crude oil approaches $100 as US, Iran strikes hit oil vessels in Hormuz. Experts weigh in
