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Brent Crude Oil Price Hits $100 as Middle East Tensions Fuel Supply Fears

Published by
Qadir AK

Brent crude oil price climbed to $100 per barrel, its highest level in 45 days, as markets reacted to renewed geopolitical tensions in the Middle East. The rally follows reports of Houthi attacks on Saudi oil tankers, raising concerns over potential disruptions to regional oil exports and key shipping routes. Traders are responding to increased supply risks rather than a new attack, pushing oil prices higher amid growing uncertainty.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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