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Oil price exceeds $95
The price of a barrel of oil rises above $95 for the first time in six weeks due to unrest in the Middle East, raising concerns about a prolonged disruption to regional exports. Brent crude surged by 4.41% to $95.02, while West Texas Intermediate increased by 4.53% to $88.16. This rise reflects escalating geopolitical tensions and their impact on global oil supplies.
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