Brent Crude Breaks $100 per Barrel on July 23, Up 7% as Middle East Tensions Rise

According to ICE Futures and NYMEX data, Brent crude oil futures for September delivery closed at $100.69 per barrel on July 23, surging 7.04% on the day. This marked the first time the international benchmark has exceeded $100 per barrel in roughly two months, driven by escalating tensions in the Middle East region.
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