U.S. oil prices surge by nearly 5% on bets that U.S. strike on Iran is imminent

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Oil prices rallied Thursday by nearly 5%, with the global benchmark touching its highest level since July as tensions between the U.S. and Iran worsened, raising concerns over disruptions to the global flow of crude.

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U.S. oil prices surge by nearly 5% on bets that U.S. strike on Iran is imminent

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