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Oil prices rose significantly today, Thursday, with the price of Brent crude surpassing $100 per barrel for the first time in two months, marking an increase of approximately 6%. This comes amid escalating geopolitical tensions after the United States carried out a new series of strikes against Iran, while the Houthis in Yemen targeted ships in the Red Sea. The price of Brent crude reached $99.95 per barrel at 13:08 GMT, having gained more than $5 during the session. Additionally, the price of US West Texas Intermediate crude increased to $90.81, reflecting a notable rise in global markets.
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