Brent oil jumps more than 3% after Iran vows to retaliate for U.S. strikes
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Oil prices have jumped, with reports of increases ranging from 3% to over 6%, amid heightened tensions between the US and Iran. The price surge appears to be linked to statements from the US and Iran, including a vow from Iran to retaliate for US strikes and comments from the US president regarding the status of a deal or ceasefire with Iran. The situation remains uncertain, with varying reports on the specifics of the US-Iran conflict and its impact on oil prices.
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