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Oil reaches $90 after US strikes Iran
American attacks on Iran have led to a significant rise in oil prices, with Brent crude futures increasing by 4.5% to reach $94.52 per barrel, while West Texas Intermediate futures rose by 5% to $90.03, the highest level since July. U.S. authorities confirmed that American forces have begun striking Iranian targets inside Iran in response to previous attacks carried out by the Islamic Revolutionary Guard Corps on shipping in the Strait of Hormuz, as well as Iran's attack on a tanker and missile launches. These developments come amid escalating tensions in the region, threatening the security of global oil supplies.
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