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Euronews
Euronews
Angela Barnes

Oil prices rise as fighting between US and Iran intensifies

ING United States Iran Oil Strait of Hormuz

Oil prices jumped in early trading as the US announced further attacks for a ninth consecutive night. Iran has responded to the strikes by targeting US allies across the Middle East.

Brent crude, the international benchmark, rose 3.2% to $90.95 per barrel, while US benchmark crude climbed 2.8% to $84.04 per barrel.

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