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AP with Indrabati Lahiri

Oil prices rise on reports of Israel potentially attacking Iran

Iran Israel Oil United States CNN

Oil prices surged on Wednesday after a report by CNN suggested that Israel could launch an attack on Iranian nuclear facilities, according to new US intelligence.

US crude oil jumped 1.1% on Wednesday morning to $62.7 per barrel, whereas Brent crude oil advanced 1% to $66 per barrel.

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