Crude Oil Tops $85 for Fourth Straight Day on US-Iran Tensions

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Crude oil prices rose for a fourth consecutive day, surpassing $85 per barrel amid growing US-Iran tensions. The United States carried out strikes on Iranian missile sites and coastal defense positions, heightening regional instability. Investors grew concerned about the security of key shipping lanes, particularly the Strait of Hormuz, a critical route for global oil supply. The escalating conflict has rattled energy markets, with analysts warning that prices could climb further depending on how the situation develops.

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