Oil prices climbed towards $100 a barrel on Wednesday, marking the fourth straight session of increases. Renewed hostilities between the United States and Iran have significantly unsettled the crude oil market. Tensions flared as Iran targeted US positions with missiles in response to the destruction of its oil tankers by US forces. This escalating conflict continues to keep oil markets highly volatile. Oil prices climbed towards $100 a barrel on Wednesday, marking the fourth straight session of increases. Renewed hostilities between the United States and Iran have significantly unsettled the crude oil market. Tensions flared as Iran targeted US positions with missiles in response to the destruction of its oil tankers by US forces. This escalating conflict continues to keep oil markets highly volatile.
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