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US crude rises 4.4% after Iran attacks
The Iranian attack targeting American facilities in the region led to a significant rise in oil prices, with U.S. crude futures increasing by 4.4%, amid concerns over potential disruptions to energy supply and escalating geopolitical tensions. The U.S. Central Command announced that Iran launched ballistic missiles at military targets, but all missiles were intercepted by defense systems before reaching their targets. American forces in the area have raised their alert levels to maximum readiness to monitor the potential repercussions of this escalation, as markets await international reactions to the developments.
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