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Brent crude hits five-month high on Middle East risks

Oil prices rose on Friday with Brent crude reaching a five-month high following attacks in Saudi Arabia. The escalation stoked concerns over potential disruptions to global energy supplies.

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Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo

Brent Crude Oil touched a five-month high of $114.72 a barrel on Friday morning after attacks in Saudi Arabia stoked supply disruption fears. The benchmark rose $1.14 to $114.31, while West Texas Oil gained $1.65 to $101.12.
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