Oil exceeds $100 per barrel on supply worries
Oil prices have seen a slight uptick, with Brent crude maintaining gains above $100 per barrel amidst rising tensions between the United States and Iran in the Strait of Hormuz. This comes after a series of attacks targeting ships and oil tankers, raising concerns about global energy supplies. Futures for Brent crude increased by 0.1% to $101.34, while West Texas Intermediate rose by 0.5% to $96.55.
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