Oil Prices Surge on Supply Risks
Published May 29, 2026
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• Brent crude rose to $112.10 per barrel, its highest level since February. • Iraq’s oil exports fell sharply, while global crude inventories have declined for six straight weeks. • Bank of America warns that oil prices could climb to $130 per barrel if Middle East tensions persist. #CrudeOil #OPEC #OilPrices
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- May 29, 2026
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