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Oil prices approach $100 as US-Iran conflict tensions rise

United StatesIran
First seen: Sep 3, 2026, 1:01 AM UTCUpdated: Sep 3, 2026, 3:31 AM UTC

World oil prices are nearing US$100 amid heightened tensions in the US-Iran conflict. The headline provides no further details on supply disruption or market duration.

Sustained price increases could raise energy costs and intensify inflationary pressure internationally.

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