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<Commodity>Brent Oil Soars 6% on Concerns Over Iran Supply Disturbance
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Oil prices proliferated on Monday amid market worry that the war between the US and Iran might spiral out of control, leading to a severe disruption in oil supply. New York oil futures for April delivery grew by 5.4% or USD3.6, at USD70.7. Brent oil futures for May delivery mounted by USD4.4 or 6% to USD77.3, marking a 52-week high. AASTOCKS Financial News |
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