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Oil hits more than three-week high

NEW YORK: Oil prices rose to more than a three-week high on Thursday after US President Donald Trump warned of retaliation against nations supporting Iran, his latest attempt to resolve a war that has stranded millions of barrels of Middle Eastern oil. Brent crude futures were up USD 1.94, or 2.1 percent, to USD 93.56 a barrel at 1:49 p.m. EDT, the highest price since July 24. US West Texas…

Oil hits more than three-week high

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