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Oil rises again as Brent tops $101 amid Middle East supply worries
CNBC World links the move to fears that escalation in the Middle East could intensify oil supply disruptions.
Oil prices extended gains, with Brent trading above $101 as investors focused on tightening supply conditions.
CNBC World said worries that escalating tensions in the Middle East could further exacerbate supply disruptions helped push prices higher.
Latest closeBrent $102.05 ▲4.2%
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