• Brent Crude: The international benchmark Brent crude has also traded well above the $100 threshold, recently climbing toward five-month highs past $112 a barrel amid ongoing attacks on energy infrastructure and tanker routes.
• Drivers of the Rally:
• Intensified fighting involving the U.S. and Iran, including strikes and threats targeting key shipping lanes like the Strait of Hormuz.
• Houthi attacks on energy facilities in Saudi Arabia.
• Declining U.S. commercial crude oil inventories
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