Oil hits $100 a barrel for first time in months as Middle East conflict intensifies again

The price of oil breached the $100 threshold on Wednesday for the first time in months, as new flare-ups in the United States’ war with Iran stoked fresh concern for global energy markets. The price of oil breached the $100 threshold on Wednesday for the first time in months, as new flare-ups in the United States’ war with Iran stoked fresh concern for global energy markets.  

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