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Brent crude oil prices surpassed $91 per barrel for the first time since July 31, with October futures rising by 2.86% to reach $91.05. This comes amid reports of an Emirati oil tanker being detained in the Strait of Hormuz by Iran due to violations of "transit arrangements," as it was stopped near Qeshm Island. Additionally, West Texas Intermediate crude prices increased by 2.99% to $83.90.
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