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US says it’s clearing Hormuz traffic: Why are oil futures beyond $100?

Brent crude crosses $107 as Hormuz disruptions and Saudi pipeline shutdown threaten global oil supply.

US says it’s clearing Hormuz traffic: Why are oil futures beyond $100?

US says it’s clearing Hormuz traffic: Why are oil futures beyond $100?

What Happened

Brent crude crosses $107 as Hormuz disruptions and Saudi pipeline shutdown threaten global oil supply.

Key Details

Original reporting provided by Al Jazeera.

Why It Matters

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Sources

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