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Oil jumps more than 3% on Middle East worries

By Inquirer - 7 months ago
HONG KONG, China — Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed reports of explosions in Iran, Syria, and Iraq, sparking fears of an escalation of the Middle East crisis. West Texas Intermediate jumped 3.66 percent to $85.76 and Brent rose 3.44 percent to $90.11. The reports come

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