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Oil prices set to end week over $100 for first time in nearly 4 months
Oil prices are inching closer to the $100 mark as shipping routes come under rising attack. The Houthi grip on Yemen's Mocha port poses risks to Red Sea transport, while tankers in the Strait of Hormuz face threats that limit vessels in the Gulf. Diesel prices in the U.S. have soared past six dollars per gallon, and China's ongoing crude purchases might worsen supply disruption effects.
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cnbc.com
Brent crude tops $100 for first time since July as fighting escalates in Persian Gulf
Oil prices extended gains on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies.
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thecitizen.co.tz
Oil nears $100 as fresh Middle East strikes raise supply risks
Brent crude prices were trading close to $100 a barrel on Wednesday for the first time since July, as escalating attacks across the Middle East fuelled concerns over disruptions…
