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Oil rises to $90 amid US sanctions on Iran
Oil prices soared significantly above $90 per barrel following American strikes on two Iranian missile platforms on Larak Island in the Strait of Hormuz, marking the first such attack since the end of July. Brent crude futures increased by 3.22% to $90.95, while West Texas Intermediate rose by 3.07% to $85.95. Iran responded to the attacks by launching strikes against American forces in Jordan, with all attacking missiles being intercepted.
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