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MTV Lebanon
U.S. crude hits $98 on supply fears
The article discusses the rise of U.S. oil prices above $98 per barrel, an increase of 3%, amid concerns over potential disruptions in supply through the Strait of Hormuz and declining oil inventories. Developments point to the impact of geopolitical tensions on the oil market, with expectations of a price drop after the crisis ends, according to statements from some officials and experts.
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