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Day: March 12, 2026

Oil Prices Surge by 6 Percent

March 12, 2026

Doha: Oil prices surged sharply on Thursday amid rising military tensions in the Middle East, affecting crude flows through Strait of Hormuz. Brent crude futures jumped USD 5.95, or 6.47 percent, to USD 97.93 per barrel after briefly surpassing USD 10…

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