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flag Oil prices exceed $100 a barrel amid Middle East tensions and supply cuts.

flag Oil prices surged above $100 per barrel for the first time in four years, driven by escalating geopolitical tensions in the Middle East and supply disruptions. flag The spike follows reports of attacks on shipping lanes in the Red Sea and increased production cuts by major oil exporters. flag Analysts say the rise could impact consumer fuel costs and inflation, with potential ripple effects on global markets.

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