Brent crude climbs 3.86% to $103

Oil prices have risen significantly due to escalating tensions in the Middle East, with Brent crude surpassing $104 a barrel for the first time since late July, after reaching $107 following Houthi attacks on Saudi Arabia. Meanwhile, US crude futures increased to over $101, and markets experienced volatility, dropping below $90 amid the escalation or de-escalation of military events. These developments reflect the impact of regional conflicts on global oil prices.

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