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Euronews
Euronews
Quirino Mealha

Oil surges past $100 a barrel again as US-Iran clashes intensify

The front month contract on Brent crude, the international standard for oil prices, crossed $100 per barrel again on Wednesday morning while the US standard, WTI, hovered around $95.

Prices have risen almost 20% since the middle of last week as fighting around the world's most important oil chokepoint has once again intensified.

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