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;Resize=(620)) The price for a barrel of Brent crude oil, the international standard, rose to about $79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.
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The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was "over" after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz.
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