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Oil reaches $94 as Spain's Ibex 35 nears 20,000 points

Spain
First seen: Aug 21, 2026, 4:32 PM UTCUpdated: Aug 21, 2026, 8:02 PM UTC

Spain's Ibex 35 rose 0.8% while oil traded at $94 per barrel.

Higher oil prices can increase energy and transport costs, though the headline alone indicates no confirmed major shock.

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