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Oil Hits $105 as Iran Shows No Signs of Backing Down

Source: Bloomberg Markets · 2026-09-10
Brent crude oil prices top $105 a barrel as rising tensions in the Middle East heighten concerns about global supplies. US gasoline prices hit a record over the Labor Day weekend. Bloomberg's Michael McKee has the data. Mike Reid of RBC says this all puts the Fed in a tough spot. (Source: Bloomberg)
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