
Oil Climbing Back To $100 As More Cargo Ships Attacked In Gulf

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Oil prices are nearing $100 per barrel as tensions rise in the Gulf region, with three cargo ships recently attacked. Despite the efforts of 32 countries to release 400 million barrels from strategic reserves to stabilize supply, the situation escalated with two foreign oil tankers hit by projectiles in Iraqi waters and a container ship attacked in the Persian Gulf, marking a total of six vessels targeted in two days.
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