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Market Impact: 0.65
Oil prices set to end week over $100 for first time in nearly 4 months
Source: reuters.com
Energy Markets & PricesGeopolitics & WarTrade Policy & Supply Chain
Oil prices rose Friday, with both major crude benchmarks on track to finish the week above $100 per barrel for the first time since mid-May. Escalating attacks on key Middle East shipping routes are raising the risk of a prolonged supply disruption, supporting crude prices but increasing energy-cost and inflation risks for global markets.
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