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Home›Commodities›Energy›Oil rises to $100 a barrel as Middle East turmoil inte…

Oil rises to $100 a barrel as Middle East turmoil intensifies

The cost of crude is up 40 percent since the start of the war in Iran, according to NYT Business.

Reported · Written up by our desk · Energy

Oil prices climbed to $100 a barrel as turmoil in the Middle East intensified, according to NYT Business.

The outlet said crude has risen 40 percent since the start of the war in Iran.

NYT Business added that the higher crude price is pushing up the cost of gasoline, diesel, and other refined fuels.

Latest closeWTI crude $94.28 ▲3.1%|Gasoline (RBOB) $3.095 ▼3.7%

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Sources

NYT BusinessOil Hits $100 a Barrel as Turmoil Intensifies in Middle East

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