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US Says It Destroyed Iran Tankers in Retaliation, Brent Tops $100

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials

The US said it destroyed five Iranian crude tankers after two ballistic-missile attempts against a US Navy warship over two days. Brent crude rose to its highest level since late July, reflecting heightened geopolitical risk and potential disruption to Iranian oil supply and regional shipping.

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