Crude oil prices jumped ahead of the US session amid concerns that the US is moving closer to military action against Syria. The front-month contract for WTI crude oil, while staying with the recent trading range, rebounded to as high as 1069.5, while the Brent crude contract soared to 111.92, the highest level in more than 5 months. As speculations of a strike to the MENA country loom, Iran warned against possible attack from the West.
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Crude Prices Soared as Syrian Tensions Heightened
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