Author: Sienna De Silva
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Oil Prices Soar as Iranian Attacks Disrupt Gulf Shipping, Brent Reaches $100
Oil prices surged on Thursday following increased attacks by Iran on oil and transport facilities across the Middle East. These developments have heightened fears of a prolonged conflict and potential disruptions to oil flow through the Strait of Hormuz. Brent crude futures rose by $8.54, or 9.28%, reaching $100.52 per barrel at 0354 GMT. Meanwhile,
