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Brent crude exceeds $91 after 8% jump
The futures contracts for Brent crude oil rose above $91 per barrel after increasing by over 8%, in response to American statements threatening to heavily bomb Iran. These gains coincided with a drop of more than 1,100 points in the Dow Jones Index, marking its largest single-day loss in 16 months, amid escalating political and geopolitical tensions in the region.
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