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Global oil price hits seven-month high as Middle East tensions rise

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Global oil price hits seven-month high as Middle East tensions rise


The global price of oil rose Tuesday to its highest level in seven months, propelled, in part, by concerns that mounting tensions in the Middle East could crimp supply. Brent crude, the world’s oil benchmark, climbed as much as 1.8% to $89 a barrel, the highest since early September, before paring…

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