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Brent crude holds near five-month high on Middle East tension
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil prices advanced Tuesday, with Brent hovering near a five-month high as traders priced in a geopolitical risk premium. The premium followed Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf; no price level or percentage move was specified.
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