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Oil jumps nearly 4% as Middle East supply concerns persist amid shipping attacks
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarNatural Disasters & WeatherCommodities & Raw Materials
Oil prices rose nearly 4% on Thursday as attacks on shipping in the Gulf and Strait of Hormuz heightened concerns about Middle East supply, while the U.S. cut output with a hurricane threatening offshore production.
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