Oil Prices Rise Again as Brent Crude Surpasses $113 per Barrel Amid Persian Gulf Tensions
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Oil prices climbed again with Brent crude breaking through the $113 per barrel threshold, reaching its highest level since July 2022. Markets are closely monitoring escalating tensions between the United States and Iran in the Persian Gulf region, along with concerns about new supply deliveries. The price increase reflects global energy market volatility driven by geopolitical uncertainty in one of the world's most critical oil-producing regions.