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Home›Commodities›Energy›Brent pushes above $90 amid escalating U.S.-Iran strik…

Brent pushes above $90 amid escalating U.S.-Iran strikes

The move follows a ninth consecutive night of U.S. strikes targeting Iranian assets, which market participants may view as rising supply risk in the Middle East.

Reported · Written up by our desk · Energy

Brent crude pushed above $90 as worries about Middle East disruption grew alongside escalating U.S.-Iran tensions, CNBC Markets reports.

The outlet cited that American forces have started a ninth consecutive night of strikes against Iranian targets, a development that can heighten fears of crude supply disruptions.

Latest closeWTI crude $79.00 ▼0.8%|Brent $84.94 ▼0.0%

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Sources

CNBC MarketsBrent breaches $90 as Middle East risks mount with U.S-Iran tensions on the rise
CNBC WorldBrent breaches $90 as Middle East risks mount with U.S-Iran tensions on the rise

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