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Oil prices soared during Thursday's trading session, with Brent crude reaching its highest level since September 17, climbing by 3.15% to $106.33 per barrel amid increasing geopolitical tensions in the Gulf region. Similarly, West Texas Intermediate futures rose by 2.6%, reaching $94.56. This increase followed a temporary dip in prices, as the market faced difficulty in determining its direction due to political and security uncertainties in the area. Traders are closely monitoring developments that could impact oil supplies and shipping routes.
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