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Oil prices rose by more than 2.5% after U.S. forces launched airstrikes on Iranian-launched missile platforms on Larak Island in the Strait of Hormuz. This marks the first American attack on Iran since late July. Brent crude surged above $90 per barrel, reaching $90.32 at 22:02 GMT, while West Texas Intermediate settled at $85.41, a rise of $2.01. The price increases come amid escalating regional tensions following the attack.
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