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US oil price soars over 5% on Mideast conflict
World News
20-10-2026 | 06:53
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US oil price soars over 5% on Mideast conflict
The main US oil contract soared more than five percent in trading Tuesday on increased concerns over tight supplies as a result of the Middle East conflict.
West Texas Intermediate surged 5.7 percent to $109.60 per barrel.
The main international benchmark, Brent North Sea crude, jumped 2.0 percent to $111.69 per barrel.
AFP
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