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The Economic Times
The Economic Times

Brent oil tops $90 as US, Iran intensify attacks in Middle East

Oil prices jumped 3% on Monday, with Brent surpassing $90 a barrel, as the United States and Iran expanded attacks in the Middle East that have curbed energy shipments in the Strait of Hormuz.

Brent crude futures climbed $2.69, or 3.05%, to $90.79 by 2343 GMT, touching the highest since June 11, extending ‌gains after ⁠rising ⁠15.9% last week, its biggest weekly gain since April.

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