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Iran US war: Supply concerns keep pushing crude oil prices up; Brent jumps 2.5%

SUMMARY

AI Generated Content
  • Trump’s call for military escort in Hormuz failed, impacting oil supply.
  • Brent futures rose $2.48 to $102.69; WTI jumped $2.42 to $95.92.
  • Rising crude prices over $100/barrel may raise India’s inflation.
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