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Oil prices top $100 as markets brace for prolonged Iran conflict
Brent crude has once again topped $100 a barrel as energy markets brace for the Iran conflict to drag on. US President Donald Trump says he is less concerned about high oil prices than about stopping Iran, while his energy secretary has confirmed the military cannot yet escort tankers through the Strait of Hormuz. Also, Indian households and businesses are facing high prices and shortages of cooking fuel, linked to disruptions in the Gulf.
Brent crude has once again topped $100 a barrel as energy markets brace for the Iran conflict to drag on. US President Donald Trump says he is less concerned about high oil prices than about stopping Iran, while his energy secretary has confirmed the military cannot yet escort tankers through the Strait of Hormuz. Also, Indian households and businesses are facing high prices and shortages of cooking fuel, linked to disruptions in the Gulf.
