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Oil Tops $100 a Barrel for First Time Since May Amid Middle East Tensions
Brent crude oil surged past $100 a barrel for the first time since May as Middle East tensions escalate. Yemen's Iran-backed Houthi rebels targeted two Saudi oil tankers in the Red Sea, adding to fears over shipping disruptions. Donald Trump signalled he was considering a "massive attack" on Iran, prompting Tehran to warn of retaliation against any supporting country.
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