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U.S. Says It Destroyed Five Iranian Tankers as Brent Settles Above $100

  • Finance
  • Policy & Regulation

The U.S. military said it destroyed five Iranian crude-oil carriers on Sept. 8 after Iran’s Islamic Revolutionary Guard Corps (IRGC) targeted a U.S. Navy warship with ballistic missiles twice in two days. Brent crude later settled at $101.21 a barrel, up 3.4%, as the latest exchange drove a fresh oil-price jump. The military statement and the day’s market session established the immediate sequence.

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