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Oil prices settle at their highest level since July 2022 as the war against Iran enters its fifth week

US oil settles above $100 for first time since 2022 after Trump says he wants to ‘take the oil’ in Iran and Houthis join war | CNN Business

Oil prices rose Monday, with US crude oil settling above $100 per barrel for the first time since July 2022, after comments by President Donald Trump and strikes against Israel by Iran-backed Houthi rebels deepened fears that the Middle East conflict may escalate further.

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