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The Independent UK
The Independent UK
National
Elaine Kurtenbach

Brent crude trades near $105 as Iran attacks more Gulf targets, while shares are mixed

Japan Financial Markets - (Copyright 2026 The Associated Press. All rights reserved)

Brent crude oil traded near $105 per barrel on Monday as Gulf countries reported more attacks by Iran with the war entering its third week, while share prices were mixed.

A barrel of Brent, the international standard, was up 1.6% at $104.73, dipping slightly after opening above $106 per barrel. It's up more than 40% since the war began.

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