Oil prices top $100 per barrel as big Middle East producers cut output amid Iran war

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Source: CNBC
Published: 2026-03-09 09:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, War & Conflict
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Snippet:
Crude oil prices surged above $100 per barrel on Sunday, after major Middle East producers cut output because the critical Strait of Hormuz remains closed due to the Iran war.
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