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2026-09-04T07:59:38.000Z

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Brent crude nears weekly high

Brent crude nears weekly high

Oil prices rose today, Friday, potentially marking their biggest weekly gain since mid-July, amid escalating tensions and renewed hostilities between the U.S. and Iran. This has heightened fears over oil supplies from the Middle East. Brent crude reached $95.67 per barrel after increasing by 15 cents, or 0.2%, as of 01:00 GMT.

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