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Global oil prices Tuesday were on track to notch their largest two-day rise since mid-March, buoyed by further escalation in the U.S.-Iran conflict.
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Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
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Brent crude climbs after US responds to Iranian attacks on tankers with fresh round of strikes
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S&P 500 gains after light inflation data, bounce in chip stocks: Live updates CNBCKevin Warsh faces Congress for the first time as Fed chairman CNNCPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesConsumer prices rose 3.5% annually in June, less than expected as energy prices eased CNBC
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