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Euronews
Euronews
Emma De Ruiter

Oil prices soar past $100 a barrel amid Iranian attacks on commercial ships

Oil prices soared back above $100 on Thursday as Iran's fresh attacks on supplies in the Middle East and threats to bring down the global economy overshadowed a record release of strategic crude by the International Energy Agency.

As the US-Israel strikes on the Islamic Republic approach their third week, the war showed no signs of subsiding, as Tehran continues to respond with more retaliatory attacks across the Gulf.

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