Brent Breaks $100: US–Iran Escalation and China’s Oil Rebuy Fuel Triple-Digit Crude

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‼️ BREAKING: Brent crude topped $100 a barrel for the first time since July, driven by escalating US–Iran tensions and a rebound in Chinese oil demand. Futures rose more than 2% in London on Wednesday, pushing Brent up over 60% this year and above $100 for the third time in 2026. Refined products, especially diesel, have rallied even more sharply.
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