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Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
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;Resize=(620)) U.S. crude prices rise above $90 per barrel for the first time in more than two years.
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The U.S. lost jobs in February, marking a reversal of fortunes for the labor market and nearly erasing all of the job gains delivered in January, data on Friday showed.
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Oil prices continued soaring Friday, putting them on track to record their biggest jump since early 2020 as the escalating Iran war threatens global energy supplies.U.S.
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Benchmark global and U.S. oil prices hit their highest levels in almost two years as U.S. Treasuries fell for the fifth day in a row.
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