Brent nearing $115
Oil prices rose significantly, with the price of Brent crude reaching around $115 per barrel for the first time since May, due to concerns over a potential escalation between Washington and Tehran. Meanwhile, the price of Kuwaiti oil per barrel increased to $112.33, up by $4.29, and West Texas Intermediate crude reached $101.10, amid increasing geopolitical tensions and their impact on the oil markets.
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