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Oil prices surge above $100 a barrel for first time since May

France 24

BusinessFrance 24·Jul 24, 2026·1 min read

Oil prices surge above $100 a barrel for first time since May

Global oil prices have surged once again as tensions in the Middle East continue to escalate. Brent crude has climbed above $100 a barrel for the first time since May. While much of the focus has been on the strategic Strait of Hormuz…

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