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Brent Pushes Toward $100 After US Hits Iranian Tankers

Source: Bloomberg

Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsTransportation & Logistics

Brent crude moved closer to $100 per barrel after the US struck Iranian tankers near Iran's Kharg Island export hub and in the Gulf of Oman. The escalation raises immediate risks to Iranian oil exports and shipping through a critical Gulf transit route, supporting oil prices while increasing broader energy-supply and geopolitical risk.

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