Murban crude, a key benchmark for barrels that can bypass the Strait of Hormuz, has surged above $100 a barrel, signaling acute geopolitical stress and supply fears. A sustained spike in physically ...
U.S. oil futures opened trading Sunday evening by rising above $100 a barrel, adding to a late Friday rally driven by fears of a prolonged war in the Middle East. U.S. oil futures have risen about 50% ...
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