NY Crude Oil Briefly Hits $91 Range, Highest in a Month and a Half on Middle East Tensions

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On the 23rd, in the crude oil futures market of the New York Mercantile Exchange, the US benchmark West Texas Intermediate briefly rose to the $91 per barrel range, marking its highest level in about a month and a half, amid escalating tensions in the Middle East.

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Middle East tensions escalate, raising supply disruption fears and pushing WTI to $91/barrel.