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Brent Crude Hits Four-Year High on Iran War Fears

Brent crude hit $126.41 a barrel on Thursday, its highest since March 2022, before pulling back to $114.07 as volatility from the US-Iran war rattled oil markets. Supply disruption fears have pushed both Brent and WTI to four consecutive months of gains. No specific catalyst triggered the afternoon retreat, with

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middle-east-supply

Oil retreats after hitting four-year high

Brent crude hit $126.41 a barrel on Thursday, its highest since March 2022, before pulling back to $114.07 as volatility from the US-Iran war rattled oil markets. Supply disruption fears have pushed both Brent and WTI to four consecutive months of gains. No specific catalyst triggered the afternoon retreat, with

2mo ago · 1 min · Global Affairs

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