Brent rises to $93.7 amid Iran tension

Brent crude oil prices rose to $93.7 per barrel, marking the highest level in three weeks, following U.S. President Donald Trump's threat to wage an economic war against Iran. This comes amid escalating tensions between the United States and Iran, as Trump issued threats of strict economic measures against Iran, while Iran responded with accusations that Washington is trying to cover up its economic crisis. The easing of tensions has impacted global oil markets, with expectations of further escalation if U.S. policies against Iran continue.

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