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Oil prices top US$105 as Middle East supply risks mount

RISING oil prices amid escalating Middle East tensions could add to Malaysia's energy and inflation risks, as Brent crude traded above US$105 a barrel and US benchmark West Texas Intermediate (WTI)…

  • Brent crude surpasses US$105 per barrel, WTI exceeds US$97
  • Singapore-flagged ship sunk by Iranian projectile in Strait of Hormuz
  • Malaysia's ringgit strength exacerbates energy and inflation risks

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