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International crude oil prices have risen again, with Brent crude climbing 9.3 percent to reach $100.50 per barrel on Thursday. The increase occurred despite announcements from the United States, the United Kingdom, and several other countries to release record amounts of emergency reserves. West Texas Intermediate (WTI) crude also rose 8.8 percent to $94.92 per barrel.

The surge in prices has been linked to renewed Iranian attacks on energy supply systems and infrastructure in the Middle East. The instability has disrupted market confidence and contributed to sharp fluctuations in oil prices. Earlier in the week, oil briefly exceeded $110 per barrel before experiencing significant volatility.

The situation underscores ongoing geopolitical tensions in the Persian Gulf and the Strait of Hormuz, where multiple ships have reportedly been attacked, further heightening concerns about global energy security.

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