U.S. Crude Oil Surpasses $100 for the First Time Since May

Summary
U.S. crude oil prices climbed above $100 per barrel as markets react to escalating Middle East tensions and risks of supply disruption.
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U.S. crude oil has climbed above $100 per barrel again, returning to a level not seen since May. The surge comes as energy markets brace for a prolonged conflict involving Iran.
Oil prices remain elevated amid persistent concerns that mounting geopolitical tensions in the Middle East could further exacerbate disruptions to global supply chains.
Source: CNBC
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