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Finance
Finance· Commodities

Oil Prices Are Once Again on the Brink of $100

Oil climbed toward $100 a barrel this week as renewed Middle East tensions, including Houthi attacks on Saudi energy sites and U.S. strikes on Iranian tankers, tightened market sentiment. At the same time European natural gas surged to levels unseen since 2022 as inventories remain low and LNG flows to the EU have been constrained.

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