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Oil Busts Above USD123/ Barrel, New High Since Iran War; US Reportedly Assessing Military Action Plan Against Tehran
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As international oil prices hit the highest level since the Iran war, Brent oil futures vaulted above USD123 per barrel at one point.

Previously, US Central Command was said to be preparing a military action plan targeting Iran for President Donald Trump.

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Brent oil futures for June delivery were last at USD122.84 per barrel, up 4.08%, while New York oil futures for June delivery rose by 2.04% to USD109.06 per barrel.

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